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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Warehouses
909 1st NW Ave Buffalo, MN 55313-1354
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US46-0617361
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,842 SF
Lot
2.26 ac (98,620 SF)
APN
103-500-193409
UPID
US46-0617361
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
Current use
Occupant on record · Public records
-
TMS Machining Services Inc Industrial Manufacturer
-
Wood + Metal Fabrications LLC Industrial Manufacturer Production Facility
-
Universal Core Supply Auto Parts Store
-
Inventitives Industrial Manufacturer Production Facility
-
Premier Painting Services LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.25M
Owner & transaction history
Quail Investments LLC · 5 yrs held
Quail Investments LLC
since 2020
Last sale
$1.2M
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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
$1,135,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.25M (Dec 17 2020)
Last sale anchor
$1.25M
Dec 17 2020
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
$40 / 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
$24,978
Tax year 2023
Assessed value
$1,097,700
Assessed 2023
Previous assessed
$1,097,700
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$287,700
Assessed improvement
$810,000
Land market value
$287,700
Improvement market value
$810,000
Total market value
$1,097,700
Applied tax rate
301.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Total area
30,842 SF
Lot
2.26 ac (98,620 SF)
APN
103-500-193409
UPID
US46-0617361
Jurisdiction
WRIGHT
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Lot
2.26 ac
Current owner
From public records · entity-resolved
Quail Investments LLC
Entity
Mailing address
3 STATE HWY 55TH W, BUFFALO, MN 55313-4320
Ownership since
2020
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 17, 2020
$1,245,500
Quail Investments LLC
Three Amigos Buffalo LLC
Warranty Deed
$573,250 · 21st Century Bank
Dec 17, 2020
$930,000
Three Amigos Buffalo LLC
G & F Investments INC
Warranty Deed
—
Nov 26, 2018
—
G & F Investments INC
—
Deed
related
—
Oct 10, 2018
$93,000
Three Amigos Buffalo LLC
G & F Investments INC
Grant Deed
—
Jun 6, 2016
—
G & F Investments INC
—
Deed
related
$425,000 · Frandsen Bk&tr
—
—
G & F Investments INC
—
Loan Modification
related
—
—
—
G & F Investments INC
—
Loan Modification
related
—
—
—
G & F Investments INC
—
Deed Of Trust
related
$220,359 · Bank West
—
—
G & F Investments INC
—
Deed Of Trust
related
$425,000 · Frandsen Bk&tr
—
—
G & F Investments INC
—
Deed Of Trust
related
—
—
—
G & F Investments INC
—
Deed Of Trust
related
$200,000 · Bank West
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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