Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8005 147th W St Apple Valley, MN 55124-2301

    • Assisted living facilities
    • 14,098 SF
    • 2.19 lot acres
    OFF-MARKET
    Value Estimations
    $275,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-0580565
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 8005 147th W St

    Year built
    2000
    Construction
    WOOD FRAME
    Lot size
    2.19 lot acres
    Property size
    14,098 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    01-27800-01-010
    APU
    12780001010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $227,000
      Market price range: $65.1k - $327k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2289
    Latitude
    44.7328
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,486
    $333,800
    $1,105,600
    $1,439,400
    -
    $333,800
    $1,105,600
    $1,439,400

    Comparable in this City

    • Value Estimation
      $695,000
      99,266 SF

      14650 Garrett Ave

      HOMES (RETIRED, NURSING) • 99,266 SF
      14650 Garrett Ave, Apple Valley, MN 55124-7543
      View Details
    • Value Estimation
      $845,000
      17,658 SF

      14625 Pennock Ave

      HOMES (RETIRED, NURSING) • 17,658 SF
      14625 Pennock Ave, Apple Valley, MN 55124-3502
      View Details
    • Value Estimation
      $870,000
      232,598 SF

      14610 Garrett Ave

      HOMES (RETIRED, NURSING) • 232,598 SF
      14610 Garrett Ave, Apple Valley, MN 55124-8498
      View Details
    • Value Estimation
      $1,055,000
      435,642 SF

      5400 157th W St

      HOMES (RETIRED, NURSING) • 435,642 SF
      5400 157th W St, Apple Valley, MN 55124-6570
      View Details
    • Value Estimation
      $635,000
      43,601 SF

      5399 155th W St

      HOMES (RETIRED, NURSING) • 43,601 SF
      5399 155th W St, Apple Valley, MN 55124-5418
      View Details
    • Value Estimation
      $820,000
      207,187 SF

      15359 Founders Ln

      HOMES (RETIRED, NURSING) • 207,187 SF
      15359 Founders Ln, Apple Valley, MN 55124-6136
      View Details

    Similar Nearby for Sale

    • $86,602

      Move-in Ready Senior Living Home

      Stylish 2-bedroom home in a vibrant 62+ community.
      7070 153Rd St W, Apple Valley, MN 55124
      View Details
    • $4,700,000
      30,888 SF

      Prime Apple Valley Commercial Property

      Excellent location for office, retail, medical, or educational purposes.
      15290 Pennock Ln, Apple Valley, MN 55124
      View Details
    • Contact for pricing
      0.51 Acres

      Apple Valley Commercial Land

      High-traffic retail outlot near Target.
      15891 Emperor Ave, Apple Valley, MN 55124
      View Details
    • $1,250,000
      6,640 SF

      Apple Valley Industrial/Retail Opportunity

      6,640 SF building with conversion potential in Apple Valley.
      7600 146Th St W, Apple Valley, MN 55124
      View Details
    • $199,000

      Updated Condo in Apple Valley

      Spacious 3-bedroom, 2-bathroom condo with recent updates and amenities.
      14620 Garrett Ave, Apple Valley, MN 55124
      View Details
    • Contact for pricing
      6,979 SF

      Apple Valley Retail Center Investment

      Thriving retail space, high traffic, prime location.
      15662 Pilot Knob Rd, Apple Valley, MN 55124
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      50,129 SF

      Apple Valley Office Building

      Prime Office/Medical Space, Excellent Location
      14665 Galaxie Ave, Apple Valley, MN 55124
      View Details
    • Contact for pricing
      41,300 SF

      Granada Shopping Center: Apple Valley Retail

      Prime Apple Valley medical office space. High visibility, ample parking.
      14800 Granada Ave, Apple Valley, MN 55124
      View Details
    • Contact for pricing

      Apple Valley Office Space For Lease

      Multiple private offices available with ample parking and great visibility.
      15322 Galaxie Ave, Apple Valley, MN 55124
      View Details
    • Contact for pricing
      3,971 SF

      Apple Valley Retail Space Available

      Retail space in a prime Apple Valley location for lease.
      14800-14870 Granada Ave, Apple Valley, MN 55124
      View Details
    • Contact for pricing
      120 SF

      Move-in Ready Office Space Available

      Professional office space with shared amenities in Apple Valley, MN.
      14501 Granada Dr, Apple Valley, MN 55124
      View Details
    • Contact for pricing
      78,045 SF

      Apple Valley Warehouse Space

      78,045 square foot warehouse space available for lease.
      6175 147Th St W, Apple Valley, MN 55124
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8005 147th W St
    Apple Valley, MN 55124-2301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.