Financial
Distress signals
Property profile

1511 Northway Dr Saint Cloud, MN 56303

FOR LEASE
Other commercial real estate
Property ID
US46-1457567
9,250 SF Built 1996
Last sale May 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

An 18,500-square-foot office building constructed in 1996, zoned Business/Commercial, located on Northway Drive in Saint Cloud. The building includes professional medical office space and is further supported by two lower-level suites: an 1,890-square-foot unfinished area suitable for storage or future office buildout, and a 2,610-square-foot finished suite configured for medical use. The property has a history of long-term occupancy. It is situated near CentraCare/St. Cloud Hospital as well as…

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?
$47k
Tax billed · 2023
Assessed value$1.60M
Assessed land$217k
Assessed improvement$1.38M
Effective rate2.97%

Value estimate

· Sep 2026
$1.42M
$1.27M – $1.56M
CAP approach$1.44M
Submarket $/SF estimate$1.61M
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$16k
Operating expenses−$10k
NOI · 258,275.00% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$49 – $174

Cap rate analysis

How does the asset earn?
258,275.00%
$31k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
PUD2
JurisdictionSTEARNS

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
Restaurant34.4
Building Supply28.2
Law Firm26.1

Location

1511 Northway Dr Saint Cloud, MN 56303
County assessor Recorded deeds · 1 transfer 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 8th N, Saint Cloud, MN 56303-3420 $420,000 May 2024 3,888 SF
3801 3rd N, Saint Cloud, MN 56303-4059 $625,000 Oct 2022 4,984 SF
124 Osseo N, Saint Cloud, MN 56303-4449 $405,000 Sep 2022 6,000 SF
37 28th N, Saint Cloud, MN 56303-4640 $610,000 Jul 2022 10,344 SF
75 Osseo N, Saint Cloud, MN 56303-4448 $1,500,000 Jul 2022 14,700 SF
Saint Cloud, MN 56303 $595,000 May 2022 4,895 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message