Financial
Distress signals
Property profile

12384 234Th St Cold Spring, MN 56320

FOR SALE
Commercial real estate
Property ID
US46-1313895
768 SF 1.89 ac lot Built 1991
Last sale Jan 2021 · $272,727
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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. 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$323k
Assessed land$100k
Assessed improvement$223k
Effective rate2.23%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$4k
Operating expenses−$28k
NOI · 8.32% cap applied$66k

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?
8.32%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Auto Repair Shop8.3
Wholesale Shop7.9

Location

12384 234Th St Cold Spring, MN 56320
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
23 Red Riv N, Cold Spring, MN 56320-1620 $185,000 Apr 2024 884 SF
408 1st N, Cold Spring, MN 56320-1423 $220,000 Mar 2023 784 SF
405 Westwind, Cold Spring, MN 56320-4560 $900,000 Feb 2023 980 SF
14509 Hwy 23, Cold Spring, MN 56320-9765 $150,000 Nov 2022 1,080 SF
113 Main, Cold Spring, MN 56320-2530 $138,000 Nov 2022 400 SF
201 2nd NE, Cold Spring, MN 56320 $400,000 Nov 2022 1,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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