Financial
Distress signals
Property profile

190 High Point Pl NE Byron, MN 55920

FOR SALE
Commercial land
Property ID
US46-1718450
0.6 ac lot Built 2022
Last sale Dec 2021 · $122,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a thriving double drive-thru coffee and smoothie shop in Byron, Minnesota, a rapidly growing community conveniently located 5-10 minutes from Rochester. Built in 2022, this 480-square-foot establishment sits on a 0.6-acre lot (APN 753323069465) and is zoned Commercial 3a. The sale includes the real estate, business, and all equipment, offering a seamless transition for the new owner. Currently featuring a limited food menu, there's significant

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?
$2k
Tax billed · 2023
Assessed value · 2021$78k
Assessed land$78k
Effective rate2.49%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$125k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$449
Operating expenses−$2k
NOI · 1.45% cap applied$6k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$82 – $255

Cap rate analysis

How does the asset earn?
1.45%
$6k 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.

JurisdictionOLMSTED

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.5
Pharmacy9.5
Convenience Store9.0

Location

190 High Point Pl NE Byron, MN 55920
County assessor Recorded deeds · 2 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
Byron, MN 55920 $500,000 Jun 2024 N/A
Byron, MN 55920 $295,000 Jan 2024 N/A
350 10th NE, Byron, MN 55920-6004 $362,500 Nov 2023 N/A
Byron, MN 55920 $690,000 Aug 2023 N/A
Byron, MN 55920 $170,000 Sep 2021 N/A
770 High Pt NE, Byron, MN 55920-4416 $130,000 Jul 2020 N/A
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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