Financial
Distress signals
Property profile

924 1st NE St Faribault, MN 55021

OFF-MARKET
Industrial properties
Property ID
US46-1141854
8,264 SF 1.9 ac lot Built 1963
Last sale Aug 2021 · $725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$13k
Tax billed · 2024
Assessed value$344k
Assessed land$248k
Assessed improvement$96k
Effective rate3.67%

Value estimate

· Sep 2026
$670k
$603k – $737k
AI approach$650k
Submarket $/SF estimate$525k

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
HVAC Service10.3
Dental Office10.2

Location

924 1st NE St Faribault, MN 55021-5441
County assessor Recorded deeds · 6 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
3505 Kenyon, Faribault, MN 55021 $505,976 Feb 2024 6,408 SF
2800 1st NW, Faribault, MN 55021-1909 $1,391,500 Jan 2024 5,580 SF
201 28th NW, Faribault, MN 55021 $815,000 Jan 2024 11,600 SF
1500 Lyndale, Faribault, MN 55021 $820,000 Jan 2024 4,800 SF
1101 Division W, Faribault, MN 55021-5869 $302,676 Jan 2024 4,230 SF
1510 Hulett, Faribault, MN 55021-2900 $1,025,000 Jan 2024 4,200 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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