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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Retail space
950 County Rd 42nd W, Burnsville, MN 55337-4428
Entity Owned
8-yr Hold
Free & Clear
Property ID
US46-0443955
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
CONCRETE
Total area
14,313 SF
Lot
2.1 ac (91,476 SF)
APN
02-15373-01-010
UPID
US46-0443955
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Ashlee Kinzel, Pharm Pharmacy
-
Ann B. Johnson, RPh Pharmacy
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.77M
Owner & transaction history
Mediterranean Investments-mn L · 8 yrs held
Mediterranean Investments-mn L
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.8M
+39.1%
Restaurant
$2.8M
+36.1%
Auto repair, garage
$2.4M
+19.8%
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 Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville 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%
$2,515,000
6.5%
$2,320,000
7%
$2,155,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,040,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,840,000
Change: +39% · Conversion: Moderate
RESTAURANT
$2,775,000
Change: +36% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,445,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,180,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,655,000
Change: -19% · Conversion: Difficult
OFFICE BUILDING
$1,640,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±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
$124 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$85,530
Tax year 2022
Assessed value
$2,982,500
Assessed 2022
Previous assessed
$2,982,500
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$1,235,400
Assessed improvement
$1,747,100
Land market value
$1,235,400
Improvement market value
$1,747,100
Total market value
$2,982,500
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
14,313 SF
Lot
2.1 ac (91,476 SF)
APN
02-15373-01-010
UPID
US46-0443955
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RESTAURANT
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2009
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
Mediterranean Investments-mn L
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2017
—
Mediterranean Investments-mn L
Mediterranean Investments INC
Quit Claim Deed
—
Mar 31, 2017
$12,500,000
Inbesa America INC
Willoburns LLC
Warranty Deed
—
Jul 16, 2014
$11,500,000
Willoburns LLC
Burnhaven Properties LLC
Warranty Deed
related
$7,700,000 · Royal Cu
Apr 9, 2010
$8,960,000
Burnhaven Properties LLC
Hh Land Investments LLC
Warranty Deed
$7,360,000 · Royal Cu
Feb 13, 2009
$4,800,000
Hh Land Investments LLC
Us Bank NA
Quit Claim Deed
related
$8,825,000 · Bremer Bank NA
—
—
Burnhaven Properties LLC
—
Deed Of Trust
related
$69,414 · Royal Cu
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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