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Property profile & analytics
FOR SALE
Commercial real estate
963 Berwood Ave, Vadnais Heights, MN 55110
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0860649
For Sale
$1,250,000
963 Berwood Ave, Vadnais Heights, MN 55110
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Construction
WOOD FRAME
Total area
2,493 SF
Lot
2.62 ac (113,997 SF)
APN
33-30-22-24-0031
UPID
US46-0860649
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
Digital Outdoor LLC · 3 yrs held
Digital Outdoor LLC
since 2023
5 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 Vadnais Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vadnais Heights 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
$13,722
Tax year 2023
Assessed value
$830,000
Assessed 2023
Previous assessed
$754,500
+10.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$652,000
Assessed improvement
$178,000
Land market value
$652,000
Improvement market value
$178,000
Total market value
$830,000
Applied tax rate
624.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1946
Construction
WOOD FRAME
Heating
STEAM
Buildings
4
Stories
1
Rooms
14
Bathrooms
3
Total area
2,493 SF
Lot
2.62 ac (113,997 SF)
APN
33-30-22-24-0031
UPID
US46-0860649
Jurisdiction
RAMSEY
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
1946
Construction
WOOD FRAME
Heating
STEAM
Stories
1
Buildings
4
Rooms
14
Bathrooms
3
Lot
2.62 ac
Current owner
From public records · entity-resolved
Digital Outdoor LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4302 13TH AVE W STE #4, FARGO, ND 58103-3395
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 8, 2023
—
Digital Outdoor LLC
Paul R Houck
Lease
—
Nov 18, 2019
—
Paul R Houck
—
Deed
related
$45,000 · Community Resource Bk
—
—
Paul R Houck
—
Loan Modification
related
$45,000 · Community Resource Bk
—
—
Paul R Houck
—
Deed Of Trust
related
$40,000 · Community Resource Bank
—
—
Paul R Houck
—
Deed Of Trust
related
$10,000 · Community National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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