New search
Property profile & analytics
OFF-MARKET
Estimated value
$18,805,000
Industrial properties
8751 Zachary N Ln, Osseo, MN 55369
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US46-0489198
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
STEEL FRAME
Total area
196,963 SF
Lot
11.68 ac (508,781 SF)
APN
14-119-22-41-0119
UPID
US46-0489198
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
$17.36M
Blend (final)
Blend
$18.81M
Owner & transaction history
Exeter 8775 Zachary LLC · 1 yrs held
Exeter 8775 Zachary LLC
since 2024
Last sale
$19.6M
6 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 Osseo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osseo 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
$18,655,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$22,415,000
Current use
Blend value · Realmo final
$18.81M
Range $16.92M – $20.69M · ±10% · vs last sale $19.60M (Aug 19 2024)
Last sale anchor
$19.60M
Aug 19 2024
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
$95 / 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
$420,714
Tax year 2023
Assessed value
$14,620,000
Assessed 2023
Previous assessed
$12,725,200
+14.9% YoY
Effective rate
2.88%
On assessed value
Assessed land
$2,288,600
Assessed improvement
$12,331,400
Land market value
$2,288,600
Improvement market value
$12,331,400
Total market value
$14,620,000
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
1998
Construction
STEEL FRAME
Heating
OTHER
Cooling
NONE
Stories
1
Total area
196,963 SF
Lot
11.68 ac (508,781 SF)
APN
14-119-22-41-0119
UPID
US46-0489198
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$22.4M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
11.68 ac
Current owner
From public records · entity-resolved
Exeter 8775 Zachary LLC
Entity
Mailing address
424 MADISON AVE FL, NEW YORK, NY 10017-1137
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$19,600,000
Exeter 8775 Zachary LLC
8775 Zachary Lane N LLC
Deed
related
$11,125,000 · Morgan Stanley Mortgage Capital Hol
Mar 26, 2021
$17,486,000
8775 Zachary Lane N LLC
Minnesota Becknell Investors 2011 L
Limited Warranty Deed
$17,683,875 · Barclays Capital Real Estate INC
Mar 20, 2013
$14,400,000
Minnesota Becknell Invtrs 2011
Cabot III-mn1m01 LLC
Grant Deed
—
Nov 19, 2009
—
Cabot III-mn1m01 LLC
—
Deed Of Trust
related
$54,900,000 · New York Life Insurance
Jul 31, 2009
—
Cabot III-mn1m01 LLC
Prudential Ins Co Of America
Grant Deed
related
—
Feb 10, 1999
$6,436,500
Prudential Insurance Co
Opus Northwest LLC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8751 Zachary N Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
