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Property profile & analytics
OFF-MARKET Estimated value $1,640,000
Commercial real estate

963 Robert S St West Saint Paul, MN 55118-1446

8,525 SF 1.2 ac lot Built 2014
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US46-2953569
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-story, 8,382 square-foot medical office building in West St. Paul, Minnesota. Located at 963 S Robert St, this property boasts a prime location on a bustling retail corridor, benefiting from high visibility and substantial traffic. The building, constructed in 2014, sits on a 1.28-acre lot providing ample parking (68 spaces) for patients and staff. Currently, 83% of the space is occupied by Children's Minnesota Clinic, a leading pediatric health system with an "AA" Fitch credit rating and over $1.1 billion in 2023 revenue. A two-year seller master lease covers the remaining 17%. The building features excellent signage and visibility, ensuring strong brand recognition. With five years remaining on the primary lease, this investment offers stable income with potential for future upside through lease-up and market rent adjustments during the extension process. The property's size and location also present opportunities for future redevelopment or expansion. This asset is part of a larger portfolio of medical-retail properties available for acquisition. The property's APN is 42-23726-01-011. This is a rare chance to acquire a high-quality medical office building anchored by a financially strong tenant in a thriving commercial area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2014
Total area 8,525 SF
Lot 1.2 ac (52,377 SF)
APN 42-23726-01-012
UPID US46-2953569
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
$1.64M
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.64M
Owner & transaction history
Gc Emerson LLC · 1 yrs held
Gc Emerson LLC
since 2024
Last sale
$1.6M
1 recorded transaction
2024
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.7M +138.6%
Restaurant $1.7M +133.4%
Auto repair, garage $1.5M +105.4%
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