Financial
Distress signals
Property profile

1620 17th NW St 2 Faribault, MN 55021

OFF-MARKET
Office Spaces
Property ID
US46-1357683
6,006 SF 0.41 ac lot Built 1998
Last sale Jul 2022 · $2,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$427k
Assessed land$71k
Assessed improvement$356k
Effective rate2.41%

Value estimate

· Sep 2026
$1.99M
$1.79M – $2.19M
AI approach$2.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$128 – $259

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRICE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.0
Spa & Massage13.8
Law Firm13.5

Location

1620 17th NW St, Unit 2 Faribault, MN 55021-2839
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1810 30th NW, Faribault, MN 55021-1843 $1,622,424 Jun 2024 6,272 SF
2209 Bard, Faribault, MN 55021-9235 $750,000 Feb 2024 5,185 SF
2301 4th NW, Faribault, MN 55021-5653 $425,000 Jan 2024 3,198 SF
205 Western NW, Faribault, MN 55021-4501 $1,200,000 Jan 2023 6,250 SF
1415 Town Sq, Faribault, MN 55021-6088 $987,500 May 2019 8,722 SF
1900 Cardinal, Faribault, MN 55021-7384 $600,000 Apr 2019 5,375 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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