Financial
Distress signals
Property profile

407 Washburn Ave Belgrade, MN 56312

OFF-MARKET
Commercial real estate
Property ID
US46-1446885
460 SF 0.08 ac lot Built 1999
Last sale Jan 2008 · $53,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$860
Tax billed · 2023
Assessed value$40k
Assessed land$3k
Assessed improvement$37k
Effective rate2.14%

Value estimate

· Sep 2026
$85k
$77k – $94k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$130/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$59 – $223

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.

JurisdictionSTEARNS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.7
HVAC Service8.7
Building Supply8.5

Location

407 Washburn Ave Belgrade, MN 56312-4625
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
610 Wls, Belgrade, MN 56312-4553 $100,000 Mar 2023 468 SF
47 Wls, Belgrade, MN 56312 $30,000 Jan 2023 777 SF
303 Washburn, Belgrade, MN 56312-4626 $110,000 Sep 2022 1,558 SF
43316 226th, Belgrade, MN 56312 $135,000 Mar 2021 780 SF
423 Washburn, Belgrade, MN 56312 $105,254 Oct 2020 1,560 SF
505 Nelson, Belgrade, MN 56312-2601 $145,000 Dec 2019 1,891 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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