Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
9364 Oak Ave Waconia, MN 55387-9422
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US46-0006103
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
624 SF
Lot
0.06 ac (2,614 SF)
APN
75-2550020
UPID
US46-0006103
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Voyager Partners LLC · 8 yrs held
Voyager Partners LLC
since 2018
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 Waconia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waconia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,478
Tax year 2024
Assessed value
$121,000
Assessed 2024
Previous assessed
$128,100
-5.5% YoY
Effective rate
2.05%
On assessed value
Assessed land
$26,500
Assessed improvement
$94,500
Land market value
$26,500
Improvement market value
$94,500
Total market value
$121,000
Applied tax rate
110.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
EVAPORATIVE
Total area
624 SF
Lot
0.06 ac (2,614 SF)
APN
75-2550020
UPID
US46-0006103
Jurisdiction
CARVER
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
2005
Heating
FORCED AIR
Cooling
Yes
Lot
0.06 ac
Current owner
From public records · entity-resolved
Voyager Partners LLC
Entity
Mailing address
9366 OAK AVE, WACONIA, MN 55387-9422
Ownership since
2018
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 27, 2018
—
Voyager Partners LLC
—
Deed
related
$139,000 · Twin Cities-metro Certified De
Jul 12, 2018
$325,000
Voyager Partners LLC
Land Of Oz LLC
Grant Deed
$166,500 · Hometown Bk
Mar 4, 2015
—
Land Of Oz LLC
Oswall William F & Francine L
Quit Claim Deed
related
—
Jan 26, 2007
$140,000
William F Oswall
Helstrom,jeffrey C & Elizabeth A
Grant Deed
—
Aug 31, 2006
$336,363
Gary E Schmitt
Timberline Group INC
Grant Deed
$246,000 · Klein Bank
Aug 31, 2006
$120,000
Jeffrey C Helstrom
Timberline Group INC
Warranty Deed
$96,000 · Klein Bank
—
—
Voyager Partners LLC
—
Deed Of Trust
related
$139,000 · Twin Cities-metro Certified De
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 9364 Oak Ave?
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.
