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Financial
Distress signals
Property profile

1042 Wayzata E Blvd Wayzata, MN 55391

OFF-MARKET
Other commercial real estate
Property ID
US46-0997109
0.36 ac lot Built 1949
Last sale Sep 2024 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a retail space located at the corner of Wayzata Boulevard and Highway 101/Central Avenue, configured to support an equipment-equipped retail operation. The included equipment has been maintained and is associated with long-term business operations in the space, and the layout is suited to day-to-day customer service as well as delivery-related workflows, with capacity to expand operational activities such as driver delivery. The package has also included delivery vehicles as part of the overall outfitted setup.

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.

Debts

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?
$24k
Tax billed · 2023
Assessed value$941k
Assessed land$940k
Assessed improvement$1k
Effective rate2.52%

Value estimate

· Oct 2026
$1.50M
$1.35M – $1.65M
AI approach$1.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
County average, outlier-cleaned · 1276 recorded sales of this use type
Observed band · Q1–Q3$80 – $265

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.

JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.5
Convenience Store9.1
Plumbing Service9.1

Location

1042 Wayzata E Blvd Wayzata, MN 55391-1811
County assessor Recorded deeds · 3 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
3542 Shoreline, Wayzata, MN 55391-9782 $1,500,000 Jan 2026 No data
815 Wayzata E, Wayzata, MN 55391-1977 $1,443,909 Jun 2025 1,566 SF
800 Wayzata E, Wayzata, MN 55391-1764 $3,100,000 May 2025 No data
120 Broadway Ave S, Wayzata, MN 55391-2184 $271,000 Apr 2025 No data
822 Wayzata E, Wayzata, MN 55391 $1,175,000 Mar 2025 No data
106 Broadway S, Wayzata, MN 55391-1701 $1,700,000 Feb 2025 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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