Realmo Analytics

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Property profile

981 University Ave W St Paul, MN 55104

FOR LEASE
Turn key restaurants
Property ID
US46-1000019
5,376 SF 0.34 ac lot Built 1916
Last sale Mar 2024 · $555,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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981 University Ave W, St Paul, MN 55104 For Lease
Contact for pricing 1,720 SF available
981 University Ave W, St Paul, MN 55104
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$541k
Assessed land$446k
Assessed improvement$95k
Effective rate3.64%

Value estimate

· Oct 2026
$555k
$500k – $611k
AI approach$555k
Submarket $/SF estimate$623k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 94,568.18% cap applied$21k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$211/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$116 – $317
Qualifying comparables6

Cap rate analysis

How does the asset earn?
94,568.18%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M
JurisdictionRAMSEY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.3
Law Firm17.7
Electrical Service12.4

Location

981 University Ave W St Paul, MN 55104
County assessor Recorded deeds · 9 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
444 Prior N, Saint Paul, MN 55104-3421 $795,000 Dec 2025 4,968 SF
144 Snelling N, Saint Paul, MN 55104 $1,250,000 Apr 2025 5,424 SF
914 University W, Saint Paul, MN 55104-4701 $145,000 Nov 2024 4,360 SF
1570 University W, Saint Paul, MN 55104-3908 $40,670,530 Jan 2024 3,847 SF
1332 Thomas, Saint Paul, MN 55104-2544 $315,000 Jan 2024 3,780 SF
1636 University W, Saint Paul, MN 55104 $6,000,000 Apr 2022 6,465 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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