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Property profile & analytics
OFF-MARKET
Parking lots & garages
8045 Xerxes S Ave 19, Bloomington, MN 55431-1059
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US46-1092597
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1972
Lot
1.93 ac (84,016 SF)
APN
05-027-24-13-0150
UPID
US46-1092597
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jacqueline P Gereaux · 10 yrs held
Jacqueline P Gereaux
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bloomington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$2.00
Tax year 2023
Assessed value
$200
Assessed 2023
Previous assessed
$200
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$100
Assessed improvement
$100
Land market value
$100
Improvement market value
$100
Total market value
$200
Applied tax rate
271.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1972
Heating
NONE
Lot
1.93 ac (84,016 SF)
APN
05-027-24-13-0150
UPID
US46-1092597
Jurisdiction
HENNEPIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
1.93 ac
Current owner
From public records · entity-resolved
Jacqueline P Gereaux
Individual
Mailing address
8045 XERXES AVE S UNIT #110, BLOOMINGTON, MN 55431-1061
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2015
$74,900
Jacqueline P Gereaux
Estoremasters LLC
Warranty Deed
$71,150 · Cmg Fin'l
Sep 12, 2014
—
Estoremasters LLC
Hud-housing Of Urban Dev
Grant Deed
related
$40,000 · Bridgewater Bk
Apr 14, 2014
—
Hud-housing Of Urban Dev
Wells Fargo Bk NA
Warranty Deed
related
—
Jul 15, 2013
$53,400
Fargo Bk NA Wells
Deputy Sheriff Of Hennepin County
Trustees Deed
related
—
Feb 29, 2008
$115,000
Melissa H Karner
Benpit,patrice R
Warranty Deed
—
Jul 24, 2002
$119,500
Patrice R Benoit
Hultstrand,tr
Grant Deed
$115,900 · Prime Mortgage Corp
Jan 23, 1995
$55,000
Walton Hultstrand
Paulson,helen D
Grant Deed
related
—
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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