Property profile

5745 State Hwy 29th S Alexandria, MN 56308

OFF-MARKET
Office Spaces
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Property ID
US46-1357422
2,632 SF 5.5 ac Built 2003
Last sale Dec 2022·$600,000
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.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$421k
Assessed land$133k
Assessed improvement$288k
Effective rate2.22%

Value estimate

· Nov 2026
$565k
$509k – $622k
AI approach$495k
CAP approach$400k
Submarket $/SF estimate$502k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.1
Tailor Shop8.6
Bakery8.2

Location

5745 State Hwy 29th S Alexandria, MN 56308-6029
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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
415 Fillmore, Alexandria, MN 56308-1320 $850,000 May 2025 2,789 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
316 Nokomis, Alexandria, MN 56308-5700 $350,000 Aug 2023 2,387 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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