Financial
Distress signals
Property profile

16019 Central NE Ave Ham Lake, MN 55304

OFF-MARKET
Other industrial properties
Property ID
US46-0514691
2,640 SF 0.5 ac lot Built 1998
Last sale Mar 2020 · $725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Built in 1998 and renovated in 2025, the property is configured for auto-related sales and service, including use as an auto dealership, service, repair shop, or related retail. It has direct frontage on Highway 65 and includes a showroom and office area plus two mechanic bays equipped with vehicle lifts. The office layout features four private offices, a heated and cooled workspace, and a reception area. Renovations in 2025 included an updated facade and parking lot improvements. The site…

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?
$6k
Tax billed · 2024
Assessed value$369k
Assessed land$95k
Assessed improvement$274k
Effective rate1.69%

Value estimate

· Sep 2026
$765k
$689k – $842k
AI approach$825k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$66 – $133

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.

JurisdictionANOKA

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.6
Convenience Store8.6
Watch Repair Shop8.6

Location

16019 Central NE Ave Ham Lake, MN 55304-5618
County assessor Recorded deeds · 7 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1305 159th NE, Ham Lake, MN 55304-5567 $1,600,000 May 2024 6,000 SF
15035 Aberdeen NE, Ham Lake, MN 55304-4556 $350,000 Mar 2024 2,864 SF
1327 153rd NE, Ham Lake, MN 55304-5510 $1,075,000 Feb 2024 4,496 SF
15800 Central NE, Ham Lake, MN 55304-5615 $980,000 Jun 2021 4,400 SF
3160 162nd NW, Andover, MN 55304-2411 $415,000 Nov 2020 2,000 SF
1353 172nd NE, Ham Lake, MN 55304-4713 $300,000 May 2020 1,644 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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