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Property profile & analytics
FOR SALE
Turn key restaurants
973 Smith Ave S West St Paul, MN 55118
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-1105555
For Sale
1 / 2
$1,399,000
973 Smith Ave S, West St Paul, MN 55118
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
CONCRETE
Total area
6,824 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R
APN
42-34950-02-120
UPID
US46-1105555
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
$484k
Blend (final)
Blend
$520k
Owner & transaction history
Trust Group LLC · 6 yrs held
Trust Group LLC
since 2020
7 recorded transactions
Zoning & alternative use
R · West 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 West St Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West St 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$76 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,462
Tax year 2023
Assessed value
$361,500
Assessed 2022
Previous assessed
$314,600
+14.9% YoY
Effective rate
2.62%
On assessed value
Assessed land
$73,600
Assessed improvement
$287,900
Land market value
$73,600
Improvement market value
$287,900
Total market value
$361,500
Applied tax rate
42.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1948
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
6,824 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R
APN
42-34950-02-120
UPID
US46-1105555
Jurisdiction
DAKOTA
Zoning & alternative use
R · West Saint Paul, MN
Zoning R · permitted uses
R · West Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Trust Group LLC
Trust
Free & Clear · 6 yrs held
Mailing address
7623 BENNETT CT, INVER GROVE HEIGHTS, MN 55077-3221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
—
Foodsmith Corp
—
Deed
related
$588,487 · Bankcherokee
Jul 8, 2020
$500
Trust Group LLC
Lte 1870 LLC
Warranty Deed
related
—
Jun 10, 2020
—
Foodsmith Corp
—
Deed
related
$588,487 · Bankcherokee
Oct 11, 2019
—
Foodsmith Corp
—
Deed Of Trust
related
$383,000 · Bankcherokee
Dec 27, 2018
$260,000
Foodsmith Corp
Denzer Holdings LLC
Warranty Deed
—
Jan 31, 2014
$217,500
Cici Holdings LLC
Cat Tail Realty LP
Warranty Deed
$230,000 · Anchor Bank NA
—
—
Foodsmith Corp
—
Deed Of Trust
related
$529,412 · Bankcherokee
—
—
Foodsmith Corp
—
Deed Of Trust
related
$100,000 · Metropolitan Consortium/cmnty
—
—
Foodsmith Corp
—
Loan Modification
related
$588,487 · Bankcherokee
—
—
Foodsmith Corp
—
Deed Of Trust
related
$588,487 · Bankcherokee
—
—
Foodsmith Corp
—
Loan Modification
related
$411,941 · Bankcherokee
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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