Financial
Distress signals
Property profile

5680 Quam Ave NE Saint Michael, MN 55376

FOR LEASE
Flex space
Property ID
US46-0618326
6,000 SF 1.66 ac lot Built 2003
Last sale Jul 2022 · $1,325,000
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is an approximately 1,800-square-foot warehouse space with an industrial layout featuring 20-foot clear height, a heating system, a floor drain, and a large 12-by-14-foot drive-in door. It is located in Saint Michael off Highway 101, providing access suitable for industrial and warehouse uses, and includes on-site parking. The space is configured for leasing under a gross lease structure in which gas and electric are billed separately.

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?
$18k
Tax billed · 2023
Assessed value$889k
Assessed land$271k
Assessed improvement$618k
Effective rate2.03%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.41M
AI approach$1.32M
CAP approach$1.01M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$45 – $148
Qualifying comparables6

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.

JurisdictionWRIGHT

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.3
Realty agency10.1
Auto Parts Store9.6

Location

5680 Quam Ave NE Saint Michael, MN 55376
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales 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
5500 Quam NE, Saint Michael, MN 55376-3470 $1,100,000 Aug 2024 10,000 SF
16290 54th NE, Saint Michael, MN 55376-3471 $805,000 Dec 2022 10,000 SF
4212 Naber NE, Saint Michael, MN 55376-9418 $1,050,000 Nov 2022 10,080 SF
16184 54th NE, Saint Michael, MN 55376-3350 $1,300,000 Jan 2022 2,400 SF
12220 43rd NE, Saint Michael, MN 55376-8517 $2,600,000 Jan 2022 8,160 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message