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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Stillwater, MN 55082

    • Sports & entertainment properties
    • 2,298 SF
    • 18.26 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-1618888
    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.

    Current Use by Public Records

    • Sports & entertainment properties

    Property Details

    Year built
    2004
    Lot size
    18.26 lot acres
    Property size
    2,298 SF
    Property type
    Sports & entertainment properties
    APN
    05-029-20-24-0004
    APU
    502920240004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stillwater
    County
    Washington
    State
    Minnesota
    Longitude
    -92.8341
    Latitude
    45.0306
    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
    $0.00
    $456,500
    $100,000
    $556,500
    -
    $456,500
    $100,000
    $556,500

    Comparable in this City

    • Value Estimation
      $3,300,000
      163,449 SF

      1675 Market Dr

      RECREATIONAL, ENTERTAINMENT • 163,449 SF
      1675 Market Dr, Stillwater, MN 55082-7576
      View Details
    • Value Estimation by Request
      1,836 SF

      1900 Myrtle W St

      RECREATIONAL, ENTERTAINMENT • 1,836 SF
      1900 Myrtle W St, Stillwater, MN 55082
      View Details
    • Value Estimation
      $960,000
      34,350 SF

      1650 Washington S Ave

      RECREATIONAL, ENTERTAINMENT • 34,350 SF
      1650 Washington S Ave, Stillwater, MN 55082-7559
      View Details
    • Value Estimation by Request
      6,952 SF

      122 Greeley S St

      RECREATIONAL, ENTERTAINMENT • 6,952 SF
      122 Greeley S St, Stillwater, MN 55082
      View Details
    • Value Estimation
      $1,015,000
      36,790 SF

      1826 Northwestern S Ave

      RECREATIONAL, ENTERTAINMENT • 36,790 SF
      1826 Northwestern S Ave, Stillwater, MN 55082-7533
      View Details
    • Value Estimation by Request
      1,904 SF

      5500 Omar N Ave

      RECREATIONAL, ENTERTAINMENT • 1,904 SF
      5500 Omar N Ave, Stillwater, MN 55082
      View Details

    Similar Nearby for Sale

    • $9,850,000
      92,079 SF

      Stillwater Retail Center For Sale

      Multi-tenant retail center with high traffic counts on Hwy 36.
      1240-1570 W Frontage Rd, Stillwater, MN 55082
      View Details
    • $1,600,000
      3,751 SF

      Retail Property in Oak Park Heights

      Retail property with 3,751 square feet available for sale.
      5920 Neal Ave N, Oak Park Heights, MN 55082
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    • $3,181,814
      22,200 SF

      Historic Retail Site in Stillwater

      Charming, fully occupied retail property in vibrant downtown Stillwater.
      317 S Main St, Stillwater, MN 55082
      View Details
    • $350,000
      0.93 Acres

      Commercial Land with Highway Visibility

      Commercial lot with high traffic, multi-family approval, and completed survey.
      14231 60Th St N, Oak Park Heights, MN 55082
      View Details
    • Contact for pricing

      Commercial Land for Retail Development

      Two-acre commercial land parcel suitable for retail development.
      13045 60Th St N, Oak Park Heights, MN 55082
      View Details
    • $995,000

      2.78 Acres Vacant Land

      2.78 acres of vacant land in Stillwater Business Park.
      Industrial Blvd, Stillwater, MN 55082
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      821 SF

      Stillwater Office Space - 821 SF

      Prime Stillwater office, 821 sq ft, one space available.
      1950 Northwestern Ave, Stillwater, MN 55082
      View Details
    • $15 SF/Yr
      11,812 SF

      Stillwater Office Space for Lease

      Prime Office Building, Multiple Suites Available
      1970 Northwestern Ave, Stillwater, MN 55082
      View Details
    • Contact for pricing
      3,545 SF

      Retail Center on Stillwater Boulevard

      Highly visible retail center in a retail-dense area.
      1401-1501 N Stillwater Blvd, Stillwater, MN 55082
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Available For Lease

      2,400 SF in-line retail space available for lease.
      1960-2080 Market Dr, Stillwater, MN 55082
      View Details
    • Contact for pricing
      7,320 SF

      Storage and Parking Near I-94

      Dry storage with outdoor space and parking, near I-94.
      2910 Quant Ave N, Stillwater, MN 55082
      View Details
    • $14 SF/Yr
      1,050 SF

      Stillwater Office Space For Rent

      Office space available in Stillwater for September 2025 occupancy.
      2000 Industrial Blvd S, Stillwater, MN 55082
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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