Financial
Distress signals
Property profile

316 Nokomis St Alexandria, MN 56308

OFF-MARKET
Other office properties
Property ID
US46-1212151
2,387 SF Built 1956
Last sale Aug 2023 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This remodeled office property at 316 N Nokomis St in Alexandria, MN is configured for step-free access with a main-level layout and no internal steps. The building includes a front office suite with dedicated space and separate utility responsibility, as well as a second area arranged to contain three office suites with space that could support a potential fourth suite. This second area includes two bathrooms and a common corridor, and the property provides parking for occupants. The overall…

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?
$4k
Tax billed · 2023
Assessed value$213k
Assessed land$41k
Assessed improvement$173k
Effective rate1.86%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$340k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$77 – $251

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.

JurisdictionDOUGLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.4
Dental Office8.9
Convenience Store8.7

Location

316 Nokomis St Alexandria, MN 56308-5700
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
510 22nd Ave E, Alexandria, MN 56308-4817 $245,000 Jul 2025 2,075 SF
2306 Broadway St, Alexandria, MN 56308-3460 $280,000 Nov 2024 2,125 SF
1301 Hawthorne, Alexandria, MN 56308-2555 $456,415 Sep 2024 2,209 SF
1124 3rd E, Alexandria, MN 56308-1606 $195,000 Sep 2024 2,055 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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