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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Retail space
815 1st Ave Osakis, MN 56360-8280
Individually Owned
1-yr Hold
Free & Clear
Property ID
US46-1373688
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
10,800 SF
Lot
3.89 ac (169,448 SF)
APN
93-0709-000
UPID
US46-1373688
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
Current use
Occupant on record · Public records
-
Alexandria Auction Service Trade Show Venue (Bike/Boat/Book/etc) Store
-
4-bid Auction Services Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$525k
Owner & transaction history
Angel Morales Valle · 1 yrs held
Angel Morales Valle
since 2024
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 Osakis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osakis 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$49 / 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
Tax billed
$5,012
Tax year 2023
Assessed value
$270,400
Assessed 2023
Previous assessed
$117,500
+130.1% YoY
Effective rate
1.85%
On assessed value
Assessed land
$38,000
Assessed improvement
$232,400
Land market value
$38,000
Improvement market value
$232,400
Total market value
$270,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Heating
NONE
Total area
10,800 SF
Lot
3.89 ac (169,448 SF)
APN
93-0709-000
UPID
US46-1373688
Jurisdiction
DOUGLAS
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
1985
Heating
NONE
Lot
3.89 ac
Current owner
From public records · entity-resolved
Angel Morales Valle
Individual
Free & Clear · 1 yrs held
Mailing address
6842 POWER LN SW, ALEXANDRIA, MN 56308-4410
Ownership since
2024
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
Dec 17, 2024
—
Angel Morales Valle
Moen Enterprises LLC
Deed
—
Dec 27, 2021
—
Moen Enterprises LLC
—
Deed
related
$150,000 · Lowry State Bank
Jul 26, 2018
$105,000
Moen Enterprises LLC
Security State Bank Of Fergus Falls
Warranty Deed
$72,000 · Viking Bank
Sep 12, 2013
$179,621
State Of Minnesota
Security State Bank Of Fergus Falls
Redemption Deed
related
—
Sep 12, 2013
$75,660
Security State Bank Of Fergus Falls
Shamrock Sod And Landscaping INC
Redemption Deed
related
—
Mar 11, 2013
$73,988
Security State Bank Of Fergus Falls
David G Neumann
Sheriffs Deed
related
—
Oct 14, 2008
—
Shamrock Sod & Landscaping INC
David G Neumann
Deed
—
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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