Financial
Distress signals
Property profile

16720 Welcome SE Ave Prior Lake, MN 55372

OFF-MARKET
Manufacturing properties
Property ID
US46-2896298
14,400 SF 5.07 ac lot Built 2015
Last sale Feb 2020 · $500
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$54k
Tax billed · 2024
Assessed value$2.11M
Assessed land$403k
Assessed improvement$1.70M
Effective rate2.55%

Value estimate

· Sep 2026
$185k
$167k – $204k
Submarket $/SF estimate$1.13M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$96/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$76 – $136
Qualifying comparables3

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.

JurisdictionSCOTT

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant20.2
Realty agency18.2
Law Firm16.8

Location

16720 Welcome SE Ave Prior Lake, MN 55372-3348
County assessor Recorded deeds · 6 transfers 3 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
17066 Revere, Prior Lake, MN 55372-2978 $950,000 Sep 2021 5,040 SF
17072 Revere, Prior Lake, MN 55372-2978 $405,000 Jun 2021 4,480 SF
5821 Industrial SE, Prior Lake, MN 55372-2685 $1,630,000 May 2021 7,840 SF
16980 Welcome SE, Prior Lake, MN 55372-3310 $350,000 Feb 2021 6,000 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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