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Property profile & analytics
OFF-MARKET
Investment properties
949 Grand Ave Saint Paul, MN 55105-3015
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US46-3228463
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2005
Total area
4,212 SF
Lot
0.14 ac (5,968 SF)
Zoning code
L
APN
02-28-23-31-0077
UPID
US46-3228463
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
949g LLC · 7 yrs held
949g LLC
since 2018
7 recorded transactions
Zoning & alternative use
L · Saint Paul, MN
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 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$39,768
Tax year 2023
Assessed value
$1,476,900
Assessed 2023
Previous assessed
$1,180,000
+25.2% YoY
Effective rate
2.69%
On assessed value
Assessed land
$240,000
Assessed improvement
$1,236,900
Land market value
$240,000
Improvement market value
$1,236,900
Total market value
$1,476,900
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2005
Heating
STEAM
Buildings
2
Total area
4,212 SF
Lot
0.14 ac (5,968 SF)
Zoning code
L
APN
02-28-23-31-0077
UPID
US46-3228463
Jurisdiction
RAMSEY
Zoning & alternative use
L · Saint Paul, MN
Zoning L · permitted uses
L · 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.
Building & site characteristics
From public records
Year built
2005
Heating
STEAM
Buildings
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
949g LLC
Entity
Mailing address
10127 BRIDGEWATER PKWY, WOODBURY, MN 55129-8587
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
2040s LLC
—
Deed
related
$927,415 · Citizens State Bank
Feb 24, 2025
—
2040s LLC
—
Deed
related
$927,415 · Citizens State Bank
Aug 10, 2018
$1,450,000
949g LLC
949 Grand Investment LLC
Warranty Deed
$1,014,100 · Bridgewater Bk
Jul 12, 2016
—
949 Grand Investment LLC
—
Trustees Deed
related
$812,000 · Trustone Fin'l FCU
Apr 6, 2006
$1,090,000
949 Grand Investment LLC
Paisanos Pizza INC
Warranty Deed
—
Aug 19, 2003
$450,000
Paisanos Pizza INC
St Paul Development Corp
Grant Deed
$250,000 · Venture Bank
Jan 16, 2001
$312,196
St Paul Development Corp
Nottech Forest Technologies
Grant Deed
$200,000 · Century National Bank
Jan 3, 2001
$250,000
Nortech Forest Technologies
Floral Partners
Grant Deed
—
—
—
949 Grand Investment LLC
—
Deed Of Trust
related
$912,000 · Wells Fargo Bank
—
—
St Paul Development Corp
—
Deed Of Trust
related
$230,000 · Venture Bank
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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