Financial
Distress signals
Property profile

311 Main St Melrose, MN 56352

OFF-MARKET
Commercial real estate
Property ID
US46-1169684
530 SF 0.05 ac lot Built 1920
Last sale Nov 2024
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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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?
$860
Tax billed · 2023
Assessed value$53k
Assessed land$18k
Assessed improvement$35k
Effective rate1.63%

Value estimate

· Sep 2026
$70k
$63k – $77k

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.7
HVAC Service10.1
Law Firm9.9

Location

311 Main St Melrose, MN 56352-1163
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
1138 2nd S, Melrose, MN 56352 $235,000 Nov 2024 570 SF
646 Riverside NW, Melrose, MN 56352-1078 $431,030 Oct 2023 780 SF
140 3rd NW, Melrose, MN 56352 $80,000 Jan 2022 360 SF
529 Main, Melrose, MN 56352-1451 $48,000 Mar 2020 914 SF
Melrose, MN 56352 $1,360,000 Jan 2019 795 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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