Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

15587 Forest Blvd N Hugo, MN 55038

FOR LEASE
Manufacturing properties
Property ID
US46-1044209
17,638 SF 1.16 ac lot Built 1978
Last sale Jun 2013 · $873,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$24k
Tax billed · 2023
Assessed value · 2022$841k
Assessed land$163k
Assessed improvement$678k
Effective rate2.83%

Value estimate

· Oct 2026
$440k
$396k – $484k
Submarket $/SF estimate$1.28M
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 358,214.29% cap applied$25k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$68 – $146
Qualifying comparables16

Cap rate analysis

How does the asset earn?
358,214.29%
$25k 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.

JurisdictionWASHINGTON

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
Restaurant13.9
Realty agency13.4
Law Firm11.5

Location

15587 Forest Blvd N Hugo, MN 55038
County assessor Recorded deeds · 3 transfers 16 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4800 162nd N, Hugo, MN 55038-5536 $539,900 Sep 2024 2,573 SF
6190 157th N, Hugo, MN 55038-5530 $469,991 Jun 2024 2,205 SF
6219 157th N, Hugo, MN 55038-5531 $725,000 Jun 2024 3,462 SF
16028 Frst N, Hugo, MN 55038-8396 $4,600,000 Jun 2023 25,910 SF
15195 Freeland N, Hugo, MN 55038-8372 $1,000,000 Sep 2020 19,732 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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