963 Robert S St West Saint Paul, MN 55118-1446
Property profile & analytics
963 Robert S St, West Saint Paul, MN 55118-1446
- Commercial real estate
- 8,525 SF
- 1.20 lot acres
Property ID
US46-2953569
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 963 Robert S St
- Year built
- 2014
- Lot size
- 1.20 lot acres
- Property type
- Commercial real estate
- APN
- 42-23726-01-012
- APU
- 422372601012
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,640,000
- ML approach
- $1,640,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,690,000
- 6.5%
- $1,560,000
- 7%
- $1,445,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,079,000
Market price range: $394k - $1.08M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,690,000
- RESTAURANT
- $1,655,000
- AUTO REPAIR, GARAGE
- $1,455,000
- WAREHOUSE, STORAGE
- $1,300,000
- RETAIL STORES
- $1,215,000
- OFFICE BUILDING
- $1,035,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.0811
- Latitude
- 44.9172
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$50,609
$547,300
$1,126,500
$1,673,800
-
$547,300
$1,126,500
$1,673,800
