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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Office buildings
7741 147th W St, Apple Valley, MN 55124-7568
Entity Owned
4-yr Hold
Free & Clear
Property ID
US46-0653159
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
CONCRETE
Total area
15,160 SF
Lot
1.61 ac (70,132 SF)
APN
01-30275-01-020
UPID
US46-0653159
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.55M
Owner & transaction history
Destiny Christian Center INC · 4 yrs held
Destiny Christian Center INC
since 2021
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.5M
+53.3%
Medical building
$2.2M
+34.6%
Warehouse, storage
$1.7M
+5.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,530,000
ML approach
$1,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,660,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,545,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$2,235,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$1,745,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$1,550,000
Change: -7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,395,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.58M (Sep 3 2021)
Last sale anchor
$1.58M
Sep 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,233,000
Assessed 2022
Previous assessed
$2,233,000
+0.0% YoY
Assessed land
$590,600
Assessed improvement
$1,642,400
Land market value
$590,600
Improvement market value
$1,642,400
Total market value
$2,233,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
15,160 SF
Lot
1.61 ac (70,132 SF)
APN
01-30275-01-020
UPID
US46-0653159
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
1.61 ac
Current owner
From public records · entity-resolved
Destiny Christian Center INC
Entity
Free & Clear · 4 yrs held
Mailing address
7741 147TH ST W, APPLE VALLEY, MN 55124-7568
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2022
—
Destiny Christian Center INC
—
Deed
related
$525,650 · Vision Bank
Sep 3, 2021
$1,580,000
Destiny Christian Center INC
Av Holdings LLC
Warranty Deed
—
Feb 7, 2019
—
Av Holdings LLC
—
Deed
related
$1,329,381 · North Star Bk
Dec 18, 2015
$1,900,000
Av Holdings LLC
Revestors Group 5 LLC
Grant Deed
related
$1,482,000 · North Star Bk
Nov 13, 2006
$500
Revestors Group 5 LLC
Revestors Group 1 LLC
Warranty Deed
related
$2,150,000 · Bremer Bank NA
—
—
Av Holdings LLC
—
Loan Modification
related
$1,329,381 · North Star Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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