Financial
Distress signals
Property profile

500 Michigan W Ave Walker, MN 56484

OFF-MARKET
Other commercial real estate
Property ID
US46-1264654
Last sale Jul 2011 · $185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building located in downtown Walker, Minnesota, positioned across from the local brewery. It contains approximately 3,600 square feet of interior space and is configured with two separate entrances. The parcel size is about 0.021 acres. The building is zoned for business and commercial use and is designed to support multiple business tenants.

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?
$5k
Tax billed · 2023
Assessed value · 2022$185k
Assessed land$55k
Assessed improvement$130k
Effective rate2.44%

Value estimate

· Sep 2026
$125k
$113k – $138k

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: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
Tailor Shop8.6
Bakery8.2

Location

500 Michigan W Ave Walker, MN 56484
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
416 Minnesota W, Walker, MN 56484 $110,000 Apr 2025 600 SF
8055 Sautbine NW, Walker, MN 56484-2111 $695,000 Oct 2024 No data
6680 State 371st NW, Walker, MN 56484 $14,500 Jun 2024 No data
907 Minnesota W, Walker, MN 56484-2295 $1,950,000 May 2024 No data
441 Walker Bay, Walker, MN 56484-2157 $587,872 Apr 2024 5,379 SF
6118 Ottertail NW, Walker, MN 56484 $375,000 Jan 2024 4,236 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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