Property profile

123 N Minnesota St New Ulm, MN 56073

FOR SALE
Retail space
Saved see the list in your Dashboard
Property ID
US46-2361208
1,791 SF Built 1880
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
123 N Minnesota St, New Ulm, MN 56073 For Sale
$424,900 1,791 SF
123 N Minnesota St, New Ulm, MN 56073
View Listing

Property summary

AI-generated overview

The property is a mixed-use building located in New Ulm, Minnesota, situated on a 0.0947-acre lot. It includes approximately 1,791 square feet of space on the main floor, with an additional amount of space in a dry basement configured for use consistent with the listing description. The upper two floors are designated for residential use. The property is zoned for business and commercial activities.

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?
$2k
Tax billed · 2023
Assessed value$113k
Assessed land$41k
Assessed improvement$72k
Effective rate1.57%

Value estimate

· Nov 2026
$230k
$207k – $253k
AI approach$230k

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

What can be built here?
C3
JurisdictionBROWN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.7
Restaurant16.3
Building Supply15.3

Location

123 N Minnesota St New Ulm, MN 56073
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
127 Minnesota, New Ulm, MN 56073-1729 $315,000 Jun 2024 2,500 SF
226 Minnesota, New Ulm, MN 56073-1732 $170,000 Dec 2023 3,050 SF
18 Minnesota, New Ulm, MN 56073-1728 $250,000 Aug 2022 3,510 SF
15 Minnesota, New Ulm, MN 56073-3056 $23,000 Apr 2022 3,782 SF
1823 Broadway, New Ulm, MN 56073-3833 $298,500 Jan 2022 1,536 SF
526 Minnesota, New Ulm, MN 56073-2123 $140,000 Oct 2020 1,250 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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