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Property profile & analytics
OFF-MARKET
Commercial real estate
81 Oscar NW Ave, Blackduck, MN 56630
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-2079902
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Construction
WOOD
Total area
2,560 SF
Lot
0.52 ac (22,485 SF)
APN
81.00504.00
UPID
US46-2079902
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
R2m2 LLC · 3 yrs held
R2m2 LLC
since 2022
Last sale
$415,000
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 Blackduck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blackduck 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,894
Tax year 2024
Assessed value
$289,300
Assessed 2024
Previous assessed
$289,300
+0.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$25,300
Assessed improvement
$264,000
Land market value
$25,300
Improvement market value
$264,000
Total market value
$289,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1994
Construction
WOOD
Stories
2
Total area
2,560 SF
Lot
0.52 ac (22,485 SF)
APN
81.00504.00
UPID
US46-2079902
Jurisdiction
BELTRAMI
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
1994
Construction
WOOD
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
R2m2 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
114 IRVINE AVE SW, BEMIDJI, MN 56601-4021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
—
Nary Properties LLC
—
Deed
related
$360,000 · Security Bank USA
Sep 2, 2022
$415,000
R2m2 LLC
Jennifer R Harding
Warranty Deed
—
Dec 16, 2021
$344,900
Jennifer R Harding
North Shore Reflections LLC
Contract Sale
$309,900 · Norht Shore Reflection LLC
Jan 30, 2014
—
Iola B Wolden
Orin J Wolden
Affidavit Of Death Of Joint Tenant
related
—
Apr 29, 2010
$310,000
North Shore Reflections LLC
Bubbastar II LLC
Warranty Deed
—
Aug 20, 2007
$550,000
Bubbastar II LLC
Gangelhoff Properties INC
Warranty Deed
—
Jun 6, 2005
$244,766
Gangelhoff Properties INC
Bayne Doughty J
Warranty Deed
—
Apr 18, 2005
$500,000
Bayne Doughty J
Whelan Properties INC
Warranty Deed
$350,000 · Citizens State Bank Midwest
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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