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Financial
Distress signals
Property profile

1130 State Ave NW Owatonna, MN 55060

FOR LEASE
Other commercial real estate
Property ID
US46-1990418
Last sale Dec 2024 · $200,000
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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Property summary

AI-generated overview

The property consists of a high-visibility light industrial shop and outdoor yard totaling 3,216 square feet across two buildings on a 1.08-acre gravel lot. The indoor space features 14-foot clear heights and includes two 12-foot by 12-foot drive-in doors for loading and equipment access. Utility infrastructure on site includes 3-phase electric service, natural gas, and city utilities. An office component is provided via a job trailer that includes a private bathroom. The site is located in the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$210k
Assessed land$198k
Assessed improvement$11k
Effective rate2.64%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionSTEELE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.8
Convenience Store10.9
HVAC Service10.7

Location

1130 State Ave NW Owatonna, MN 55060
County assessor Recorded deeds · 1 transfer 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
112 Oak, Owatonna, MN 55060-2311 $1,563,600 Feb 2026 3,196 SF
141 Allan, Owatonna, MN 55060-2767 $250,000 Jan 2026 No data
215 Cedardale SE, Owatonna, MN 55060-4425 $325,000 Jan 2026 No data
2020 Cedar Ave, Owatonna, MN 55060-4207 $400,000 Dec 2025 No data
1301 Oak, Owatonna, MN 55060-3926 $358,900 Dec 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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