Financial
Distress signals
Property profile

2020 Cedar Ave Owatonna, MN 55060

OFF-MARKET
Commercial real estate
Property ID
US46-2001332
1.27 ac lot
Last sale Dec 2025 · $400,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 15,000-square-foot retail property, formerly a tire store, is situated on a 1.27-acre lot at 2020 S Cedar Ave, Owatonna, MN 55060. Built in 1949, this building presents a unique opportunity for an auto repair business or redevelopment. The asking price is $525,000, translating to $35 per square foot. Its strategic location offers significant advantages. The property sits directly across the street from the international headquarters of Federated Mutual Insurance, a multi-billion dollar…

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 · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$330k
Assessed land$305k
Assessed improvement$26k
Effective rate2.87%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionSTEELE

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 agency26.1
Restaurant19.5
Wholesale Shop18.4

Location

2020 Cedar Ave Owatonna, MN 55060-4207
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Oak, Owatonna, MN 55060-2311 $1,563,600 Feb 2026 3,196 SF
141 Allan, Owatonna, MN 55060-2767 $250,000 Jan 2026 No data
215 Cedardale SE, Owatonna, MN 55060-4425 $325,000 Jan 2026 No data
1301 Oak, Owatonna, MN 55060-3926 $358,900 Dec 2025 No data
1414 Oak, Owatonna, MN 55060-3900 $350,000 Oct 2025 No data
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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