Financial
Distress signals
Property profile

1202 Kniss Ave Luverne, MN 56156

OFF-MARKET
Other commercial real estate
Property ID
US46-2574892
6,897 SF 1.01 ac lot
Last sale Jun 2023 · $305,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a hotel asset in the hospitality sector located at 1202 S Kniss Ave and 801 S Kniss Ave in Luverne, Minnesota. It comprises two branded lodging operations: Super 8 by Wyndham and Econo Lodge by Choice Hotels, with the combined offering associated with these two addresses.

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?
$7k
Tax billed · 2023
Assessed value$315k
Assessed land$41k
Assessed improvement$274k
Effective rate2.34%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$315k

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.

JurisdictionROCK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.0
HVAC Service9.0
Hair Salon8.4

Location

1202 Kniss Ave Luverne, MN 56156-2253
County assessor Recorded deeds · 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Kniss, Luverne, MN 56156 $205,000 Nov 2024 No data
123 Main, Luverne, MN 56156-1830 $121,000 Jul 2024 2,373 SF
311 Oakley, Luverne, MN 56156-1533 $10,000 Jun 2022 768 SF
101 Main, Luverne, MN 56156-1830 $75,000 Dec 2021 825 SF
205 Warren, Luverne, MN 56156-1852 $1,400,000 Sep 2021 28,594 SF
915 Kniss, Luverne, MN 56156-1790 $440,000 Jan 2020 3,840 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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