Financial
Distress signals
Property profile

964 State 371st NW Backus, MN 56435

OFF-MARKET
Commercial real estate
Property ID
US46-1467829
17.57 ac lot Built 1997
Last sale May 2025 · $1
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?
$2k
Tax billed · 2023
Assessed value · 2022$203k
Assessed land$62k
Assessed improvement$141k
Effective rate0.84%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$43 – $109

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.

JurisdictionCASS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.3
Garden Center7.3
Wine and Liquor Store6.8

Location

964 State 371st NW Backus, MN 56435-2441
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
4187 16th NW St, Backus, MN 56435-2101 $179,000 Jun 2025 No data
2591 Bluegrass SW, Backus, MN 56435 $89,000 Aug 2024 No data
741 24th SW, Backus, MN 56435 $950,000 May 2023 1,228 SF
4321 State 87th NW, Backus, MN 56435-2509 $300,000 Dec 2022 14,186 SF
1582 Division W, Backus, MN 56435-2383 $150,000 Oct 2022 960 SF
114 Washburn E, Backus, MN 56435-4500 $62,000 Mar 2022 No data
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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