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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Apartment buildings
90 Imperial W Dr, West Saint Paul, MN 55118-2202
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US46-0745233
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD FRAME
Total area
27,402 SF
Lot
0.91 ac (39,640 SF)
Zoning code
R
APN
42-14000-10-050
UPID
US46-0745233
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
$2.79M
Blend (final)
Blend
$2.57M
Owner & transaction history
Imperial Heights LP · 11 yrs held
Imperial Heights LP
since 2015
5 recorded transactions
Zoning & alternative use
R · West Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.0M
+60.2%
Warehouse, storage
$3.2M
+25.3%
Office building
$3.0M
+19.1%
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 West Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
APARTMENT HOUSE (5+ UNITS)
$2,520,000
Current use
MEDICAL BUILDING
$4,035,000
Change: +60% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,155,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$3,000,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$2,800,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±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
$94 / 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
$47,578
Tax year 2023
Assessed value
$3,169,100
Assessed 2022
Previous assessed
$3,169,100
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$442,700
Assessed improvement
$2,726,400
Land market value
$442,700
Improvement market value
$2,726,400
Total market value
$3,169,100
Applied tax rate
42.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Units
21
Bathrooms
26
Total area
27,402 SF
Lot
0.91 ac (39,640 SF)
Zoning code
R
APN
42-14000-10-050
UPID
US46-0745233
Jurisdiction
DAKOTA
Zoning & alternative use
R · West Saint Paul, MN
Zoning R · permitted uses
R · West Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Saint Paul. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
1963
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Units
21
Bathrooms
26
Lot
0.91 ac
Current owner
From public records · entity-resolved
Imperial Heights LP
Entity
Mailing address
6640 SHADY OAK RD STE #300, EDEN PRAIRIE, MN 55344-7710
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2017
—
Imperial Heights LP
—
Deed
related
$2,880,000 · Jp Morgan Chase Bk
Feb 2, 2015
$2,995,000
Imperial Heights LP
Duke Ptshp IV LP
Warranty Deed
$2,246,250 · Jp Morgan Chase Bk
Apr 23, 2004
$1,475,251
Duke Ptshp IV
Bisanz,dorothea L
Grant Deed
—
—
—
Duke Ptshp IV LP
—
Deed Of Trust
related
$1,894,000 · Venture Bk
—
—
Imperial Heights LP
—
Deed Of Trust
related
$2,880,000 · Jp Morgan Chase 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.
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