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Financial
Distress signals
Property profile

300 Belgrade Ave North Mankato, MN 56003

FOR LEASE
Retail space
Property ID
US46-2444033
7,800 SF 0.11 ac lot Built 1922
Last sale Sep 2020 · $584,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story building, totaling 7,800 square feet, is situated at the high-traffic intersection of Belgrade Avenue and Range Street in the thriving Lower North Mankato neighborhood. Currently, two suites are available, offering flexible space options: one measuring 2,160 square feet and another at 980 square feet. The property underwent renovations in 2022 and features large windows providing ample natural light, ideal for attracting customers. The building's traditional…

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.

Debts

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?
$9k
Tax billed · 2023
Assessed value$529k
Assessed land$58k
Assessed improvement$471k
Effective rate1.73%

Value estimate

· Oct 2026
$620k
$558k – $682k
AI approach$600k
Submarket $/SF estimate$442k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionNICOLLET

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.9
Dental Office8.8
Storage Facility8.8

Location

300 Belgrade Ave North Mankato, MN 56003
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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
231 Belgrade, North Mankato, MN 56003-3803 $295,000 Apr 2025 2,250 SF
1760 Commerce, North Mankato, MN 56003-1803 $775,000 Oct 2024 3,560 SF
1711 Lor Ray, North Mankato, MN 56003-1940 $700,000 Mar 2024 2,400 SF
1910 Lor Ray, North Mankato, MN 56003-1229 $59,152 Apr 2023 11,520 SF
245 Belgrade, North Mankato, MN 56003-3803 $775,000 Apr 2022 11,387 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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