Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Manufacturing properties
886 Syndicate N St Saint Paul, MN 55104-1455
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US46-0258472
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1973
Construction
WOOD FRAME
Total area
8,601 SF
Lot
0.62 ac (27,094 SF)
Zoning code
Q
APN
27-29-23-42-0005
UPID
US46-0258472
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
$785k
Blend (final)
Blend
$725k
Owner & transaction history
886 Syndicate LLC · 6 yrs held
886 Syndicate LLC
since 2019
7 recorded transactions
Zoning & alternative use
Q · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$990,000
+70.3%
Office building
$940,000
+61.9%
Retail stores
$880,000
+51.1%
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
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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$580,000
Current use
WAREHOUSE, STORAGE
$990,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$940,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$880,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$84 / 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
$34,652
Tax year 2023
Assessed value
$1,234,100
Assessed 2023
Previous assessed
$1,003,300
+23.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$271,000
Assessed improvement
$963,100
Land market value
$271,000
Improvement market value
$963,100
Total market value
$1,234,100
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1973
Construction
WOOD FRAME
Heating
SPACE
Cooling
NONE
Total area
8,601 SF
Lot
0.62 ac (27,094 SF)
Zoning code
Q
APN
27-29-23-42-0005
UPID
US46-0258472
Jurisdiction
RAMSEY
Zoning & alternative use
Q · Saint Paul, MN
Zoning Q · permitted uses
Q · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$990,000
OFFICE BUILDING
Est. value
$940,000
RETAIL STORES
Est. value
$880,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1973
Construction
WOOD FRAME
Heating
SPACE
Cooling
Yes
Lot
0.62 ac
Current owner
From public records · entity-resolved
886 Syndicate LLC
Entity
Mailing address
1342 GRAND AVE #200, SAINT PAUL, MN 55105-3568
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2020
—
886 Syndicate LLC
—
Deed
related
$1,448,000 · Minnesota Lks Bk
Oct 11, 2019
—
886 Syndicate LLC
—
Deed
related
$752,000 · Us Bk
Aug 2, 2019
$900,000
886 Syndicate LLC
Sdt LLC
Warranty Deed
—
Oct 2, 2017
—
Sdt LLC
—
Deed
related
$150,000 · Venture Bank
Jun 23, 2016
$240,000
Sdt LLC
Bridge Cap LLC
Warranty Deed
$250,000 · Venture Bk
Jan 8, 2015
$215,050
Bridge Capital LLC
Sheriff Of Ramsey County|lm Holdings LLC
Trustees Deed
related
—
Jan 13, 2012
—
Lm Holdings LLC
—
Trustees Deed
related
$122,500 · Bridge Capital Corp
Aug 24, 2010
$500
Lm Holdings LLC
Malmgerg Manufacturing Co
Warranty Deed
related
$95,000 · Hard Money Partners LLC
—
—
Lm Holdings LLC
—
Deed Of Trust
related
$90,000 · Gb Cap
—
—
886 Syndicate LLC
—
Deed Of Trust
related
$752,000 · Us Bk
—
—
886 Syndicate LLC
—
Deed Of Trust
related
$1,448,000 · Minnesota Lks Bk
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 886 Syndicate N St?
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.