Entity Owned Property summary
This exceptional 342,983 square foot regional shopping mall in Willmar, Minnesota, presents a compelling investment opportunity. Located on a substantial 32.23-acre lot at 1605 1st St S, 56201, this multi-tenant property boasts a strong anchor tenant lineup including Harbor Freight, Kohl's, Jo-Ann Fabrics, Maurices, and Dunham's. Currently operating at 57.48% occupancy, the property offers significant value-add potential through leasing the remaining vacant space. The asking price is… $6,617,000, representing a price per square foot of $19.29 and a compelling 10.00% capitalization rate with a current NOI of $661,698. Situated in a primary retail node between a Walmart Supercenter and a Target, Uptown Willmar is the only major shopping center within a 50-mile radius, attracting a significant customer base. Data indicates 90% of visitors return at least five times annually. The property features significant frontage on 1st Street S, a main retail thoroughfare with a high volume of daily traffic (18,304 vehicles). The land value alone is $4.71 per square foot, and there's potential for future development on the expansive lot. Furthermore, a potential $2 million grant may be available for capital improvements. Replaceable rents are estimated at $10.80 per square foot. This property offers a rare combination of established tenants, high traffic location, and significant upside potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
- Local Zoning Insight
