Financial
Distress signals
Property profile

118 Main St Sherburn, MN 56171

OFF-MARKET
Commercial real estate
Property ID
US46-2364348
2,100 SF 0.1 ac lot Built 1894
Last sale Mar 2025 · $5,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

This exceptional commercial property, located at 118 N Main Street in the heart of Sherburn, Minnesota, presents a unique investment opportunity. Boasting a desirable Main Street address within the business district, this property offers significant potential for a variety of commercial ventures. The building's size is 1 square foot, presenting a unique opportunity for a small business or as a potential building lot. A key advantage is the recently installed newer roof, eliminating immediate…

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 · 2022

What does the county charge?
$23
Tax billed · 2022
Assessed value · 2023$2k
Assessed land$600
Assessed improvement$1k
Effective rate1.28%

Value estimate

· Sep 2026
$65k
$59k – $72k
AI approach$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$35 – $108

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.

JurisdictionMARTIN

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 Shop9.5
Realty agency9.3
Wholesale Shop9.0

Location

118 Main St Sherburn, MN 56171
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Main, Sherburn, MN 56171-1059 $260,000 Jan 2024 16,796 SF
124 Main, Sherburn, MN 56171 $18,000 Jun 2023 4,500 SF
106 Frnt, Sherburn, MN 56171 $40,000 Sep 2021 1,280 SF
310 Cargill, Sherburn, MN 56171-1026 $50,000 May 2021 1,440 SF
115 Main, Sherburn, MN 56171-1104 $50,000 Dec 2019 3,225 SF
27 Main, Sherburn, MN 56171-1052 $40,000 Jul 2019 1,775 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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