Financial
Distress signals
Property profile

2301 Commonwealth Ave Duluth, MN 55808

FOR SALE
Manufacturing properties
Property ID
US46-3044534
20,000 SF 13.55 ac lot Built 1985
Last sale Dec 2021 · $85,000
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.
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Property summary

AI-generated overview

This industrial property consists of three buildings totaling 34,656 square feet and provides access to Interstate 35.

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 · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$895k
Assessed land$75k
Assessed improvement$820k
Effective rate3.05%

Value estimate

· Sep 2026
$95k
$86k – $105k
NOI build-up
Gross scheduled income$198k
Vacancy & credit loss−$8k
Operating expenses−$57k
NOI · 7.01% cap applied$133k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$47 – $363

Cap rate analysis

How does the asset earn?
7.01%
$133k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionST LOUIS

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.3
Building Supply11.1
Wholesale Shop10.7

Location

2301 Commonwealth Ave Duluth, MN 55808
County assessor Recorded deeds · 4 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9536 Grand, Duluth, MN 55808-1311 $500,000 Apr 2023 1,104 SF
Duluth, MN 55808 $410,000 Apr 2023 N/A
2302 Commonwealth, Duluth, MN 55808 $6,671,166 Aug 2022 36,480 SF
Duluth, MN 55808 $6,671,166 Aug 2022 N/A
Duluth, MN 55808 $85,000 Dec 2021 13,684 SF
2215 Commonwealth, Duluth, MN 55808-1643 $85,000 Dec 2021 6,800 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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