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Property profile & analytics
OFF-MARKET
Warehouses
Randolph, MN 55065
Individually Owned
2-yr Hold
Free & Clear
Property ID
US46-1567018
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
WOOD FRAME
Total area
1,236 SF
Lot
0.03 ac (1,307 SF)
APN
32-73500-01-010
UPID
US46-1567018
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
Reed Kosir · 2 yrs held
Reed Kosir
since 2024
Last sale
$45,000
7 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 Randolph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randolph 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,572
Tax year 2024
Assessed value
$112,900
Assessed 2023
Previous assessed
$76,500
+47.6% YoY
Effective rate
1.39%
On assessed value
Assessed land
$31,400
Assessed improvement
$81,500
Land market value
$31,400
Improvement market value
$81,500
Total market value
$112,900
Applied tax rate
32.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
WOOD FRAME
Heating
NONE
Bathrooms
1
Total area
1,236 SF
Lot
0.03 ac (1,307 SF)
APN
32-73500-01-010
UPID
US46-1567018
Jurisdiction
DAKOTA
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
2003
Construction
WOOD FRAME
Heating
NONE
Bathrooms
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Reed Kosir
Individual
Free & Clear · 2 yrs held
Mailing address
29118 CYNTHIA PATH, RANDOLPH, MN 55065-8600
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2024
$45,000
Reed Kosir
Randolph Toybox Garage Company LLC
Warranty Deed
—
May 16, 2018
—
Willie D Tyler JR.
Tyler,ronda L
Quit Claim Deed
related
—
Jun 28, 2006
—
Randolph Toybox Garage Co LLC
—
Trustees Deed
related
$100,000 · First Farmers & Merchants Nati
Oct 13, 2005
—
Keith L Gill
Turner,tracy A
Quit Claim Deed
related
—
Jan 3, 2005
$500
Randolph Toybox Garage Co LLC
Blasberg,daryl D
Quit Claim Deed
related
$95,000 · First Farmers & Merchants Nati
Aug 30, 2004
$66,000
Keith Gill
Blasberg,daryl D
Warranty Deed
$57,424 · Vermillion State Bank
—
—
Keith Gill
—
Deed Of Trust
related
$48,750 · Anchor Bk
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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