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Financial
Distress signals
Property profile

12580 NW 192Nd Ct Elk River, MN 55330

FOR LEASE
Other industrial properties
Property ID
US46-0929068
9,344 SF 1.15 ac lot Built 2005
Last sale Apr 1999 · $97,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 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 is a single-story, Class A office suite building with individual suite access and private entrances. One of the suites (Suite C) is 1,230 square feet and includes a reception area, a semi-open office area, four offices, a shared kitchenette, and a private bathroom. The building is positioned for roadside visibility with approximately 12,000 vehicles per day, and it is located across Co Rd 1 from Meadowvale Elementary School in the Elk River area, while situated away from traffic congestion.

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?
$23k
Tax billed · 2023
Assessed value$816k
Assessed land$141k
Assessed improvement$675k
Effective rate2.82%

Value estimate

· Oct 2026
$470k
$423k – $517k
Submarket $/SF estimate$875k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$8k
Operating expenses−$5k
NOI · 61,112.97% cap applied$15k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$86/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$25 – $135
Qualifying comparables9

Cap rate analysis

How does the asset earn?
61,112.97%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionSHERBURNE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.0
Realty agency16.0
Law Firm14.7

Location

12580 NW 192Nd Ct Elk River, MN 55330
County assessor Recorded deeds · not on file 9 qualifying comp sales 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
9705 163rd NW, Elk River, MN 55330 $100,000 Apr 2024 6,000 SF
20015 Iguana NW, Nowthen, MN 55330-7006 $1,748,000 Apr 2024 12,000 SF
5650 Queens NE, Otsego, MN 55330 $912,000 Nov 2023 6,250 SF
20002 Ferret NW, Nowthen, MN 55330-0138 $850,000 Sep 2023 6,528 SF
19031 Triangle NW, Elk River, MN 55330-2443 $626,363 Apr 2022 12,600 SF
19128 Industrial NW, Elk River, MN 55330-2429 $850,000 Oct 2020 13,000 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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Ask anything about this address in plain English.
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