Financial
Distress signals
Property profile

709 Jefferson Ave SW Watertown, MN 55388

FOR LEASE
Other warehouses
Property ID
US46-0597274
16,800 SF 17.47 ac lot Built 1969
Last sale Jan 2022 · $3,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This commercial property is located at 709 Jefferson Ave SW in Watertown, Minnesota. It is classified under specialty property types, including other specialty property categories within general commercial real estate.

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?
$21k
Tax billed · 2024
Assessed value$1.97M
Assessed land$500k
Assessed improvement$1.47M
Effective rate1.09%

Value estimate

· Sep 2026
$3.77M
$3.39M – $4.14M
AI approach$3.76M
CAP approach$3.41M
Sales comparison$2.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$91 – $137

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.

JurisdictionCARVER

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.1
Auto Parts Store8.1
Garden Center8.1

Location

709 Jefferson Ave SW Watertown, MN 55388
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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
405 Lewis S, Watertown, MN 55388-4504 $340,000 Oct 2024 5,620 SF
676 Industrial, Watertown, MN 55388-4301 $900,000 Mar 2022 13,566 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