Financial
Distress signals
Property profile

400 Railroad W Ave Onamia, MN 56359

OFF-MARKET
Commercial land
Property ID
US46-1442514
Last sale Nov 2021 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A remodeled manufacturing facility totaling 15,340 square feet sits on a 1.42-acre lot and includes 12,886 square feet of open production and storage space plus 2,454 square feet of refinished office space with seven private offices. The building is designed to be divisible to accommodate different space requirements and is served by filtered air, bright lighting, and air conditioning throughout. Telecommunications include fiber gigabit internet service. Office and support areas feature a large

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?
$546
Tax billed · 2023
Assessed value$23k
Assessed land$23k
Effective rate2.35%

Value estimate

· Sep 2026
$400k
$360k – $440k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
County average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$64 – $218

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.

JurisdictionMILLE LACS

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 Facility9.3
Building Supply9.2
HVAC Service9.0

Location

400 Railroad W Ave Onamia, MN 56359-2709
County assessor Recorded deeds · 4 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

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Onamia, MN 56359 $3,500,000 Feb 2024 N/A
Onamia, MN 56359 $3,000 Dec 2022 N/A
12083 350th, Onamia, MN 56359 $80,000 Jan 2022 N/A
Onamia, MN 56359 $6,500 Nov 2021 N/A
Onamia, MN 56359 $6,500 Apr 2020 N/A
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Railroad W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message