Financial
Distress signals
Property profile

299 Johnson Ave SW Waseca, MN 56093

FOR LEASE
Other industrial properties
Property ID
US46-2288541
17.66 ac lot
Last sale Apr 2021 · $645,455
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 250,000-square-foot industrial flex facility in Waseca, Minnesota, configured to combine office space, climate-controlled storage, and warehouse areas. It includes multiple loading docks and is supported by onsite maintenance staff and a large paved lot for vehicle and operational staging. The building layout is designed to support users requiring both administrative functions and storage and distribution capabilities. The site is located about 15 minutes east of Mankato and…

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 · 2023

What does the county charge?
$74k
Tax billed · 2023
Assessed value$2.09M
Assessed land$442k
Assessed improvement$1.65M
Effective rate3.55%

Value estimate

· Sep 2026
$2.68M
$2.41M – $2.95M
AI approach$2.55M

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.

JurisdictionWASECA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.2
Realty agency16.2
Building Supply12.6

Location

299 Johnson Ave SW Waseca, MN 56093
County assessor Recorded deeds · 1 transfer 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 University SW, Waseca, MN 56093 $147,000 Jul 2023 No data
405 15th SE, Waseca, MN 56093-7513 $2,452,071 Jul 2022 10,000 SF
1312 5th SE, Waseca, MN 56093 $1,205,264 Jul 2022 No data
700 5th SW, Waseca, MN 56093-2002 $12,500,000 Dec 2021 No data
280 University SE, Waseca, MN 56093 $800,000 Aug 2019 19,366 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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