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Property profile & analytics
OFF-MARKET
Estimated value
$6,885,000
Industrial properties
8609 Xylon Ct, Brooklyn Park, MN 55445-1874
Entity Owned
3-yr Hold
Free & Clear
Property ID
US46-1136176
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Lot
3.94 ac (171,626 SF)
APN
18-119-21-43-0014
UPID
US46-1136176
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
$6.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.89M
Owner & transaction history
8609 Xylon LP · 3 yrs held
8609 Xylon LP
since 2022
Last sale
$6.9M
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 Brooklyn Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn Park 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
$6,805,000
ML approach
$6,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.89M
Range $6.20M – $7.57M · ±10% · vs last sale $6.93M (Aug 1 2022)
Last sale anchor
$6.93M
Aug 1 2022
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
—
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
$183,598
Tax year 2023
Assessed value
$5,852,800
Assessed 2023
Previous assessed
$5,134,700
+14.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$1,029,000
Assessed improvement
$4,823,800
Land market value
$1,029,000
Improvement market value
$4,823,800
Total market value
$5,852,800
Applied tax rate
279.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1996
Heating
SPACE
Lot
3.94 ac (171,626 SF)
APN
18-119-21-43-0014
UPID
US46-1136176
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
1996
Heating
SPACE
Lot
3.94 ac
Current owner
From public records · entity-resolved
8609 Xylon LP
Entity
Free & Clear · 3 yrs held
Mailing address
6436 PENN AVE S, RICHFIELD, MN 55423-1141
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$6,925,000
8609 Xylon LP
Msp Xylon LLC
Limited Warranty Deed
—
Jan 14, 2020
$4,610,000
Msp Xylon LLC
Drew G Kabanuk
Warranty Deed
$3,112,500 · Minnesota Bank & Trust
Sep 20, 2018
$3,067,938
Drew G Kabanuk
Xylon Court Of Minnesota LLC
Warranty Deed
$1,450,000 · Drake Bk
Jan 30, 2015
—
Xylon Court Of Minnesota LLC|bryant LLC
—
Loan Modification
related
$1,572,592 · Bmo Harris Bk NA
Jun 15, 2004
$698,810
Bryant LLC
Burmeister,james C & Penny H
Warranty Deed
—
—
—
Xylon Court Of Minnesota LLC
—
Loan Modification
related
$1,517,529 · Bmo Harris Bk NA
—
—
Xylon Court Of Minnesota LLC
—
Loan Modification
related
$1,594,679 · Bmo Harris Bk NA
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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