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Property profile & analytics
OFF-MARKET
Retail space
818 Grand Ave, Saint Paul, MN 55105-3310
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US46-0416180
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1895
Construction
WOOD FRAME
Total area
4,402 SF
Lot
0.14 ac (5,968 SF)
Zoning code
L
APN
02-28-23-42-0160
UPID
US46-0416180
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
Ardbark LLC · 10 yrs held
Ardbark LLC
since 2016
4 recorded transactions
Zoning & alternative use
L · Saint Paul, MN
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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
$13,732
Tax year 2023
Assessed value
$690,400
Assessed 2023
Previous assessed
$565,900
+22.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$240,000
Assessed improvement
$450,400
Land market value
$240,000
Improvement market value
$450,400
Total market value
$690,400
Applied tax rate
625.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1895
Construction
WOOD FRAME
Heating
STEAM
Buildings
3
Stories
6
Rooms
13
Bathrooms
2
Total area
4,402 SF
Lot
0.14 ac (5,968 SF)
Zoning code
L
APN
02-28-23-42-0160
UPID
US46-0416180
Jurisdiction
RAMSEY
Zoning & alternative use
L · Saint Paul, MN
Zoning L · permitted uses
L · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1895
Construction
WOOD FRAME
Heating
STEAM
Stories
6
Buildings
3
Rooms
13
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Ardbark LLC
Entity
Mailing address
818 GRAND AVE, SAINT PAUL, MN 55105-3310
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2016
$525,000
Ardbark LLC
Anderson,james M & Alicia D
Warranty Deed
$446,200 · Sunrise Bk
Feb 11, 1998
—
James M Anderson
Anderson,james M & Alicia D
Quit Claim Deed
related
$146,250 · Prime Mortgage Corp
—
—
James M Anderson
—
Deed Of Trust
related
$50,000 · First Bank South Dakota
—
—
James M Anderson
—
Deed Of Trust
related
$211,390 · First National Bank
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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