Financial
Distress signals
Property profile

1612 7th NW St Faribault, MN 55021

OFF-MARKET
Manufacturing properties
Property ID
US46-1227771
20,895 SF 3.5 ac lot Built 1948
Last sale Jul 2011 · $600,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 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

Industrial warehouse property located at 1612 7th St NW in Faribault, Minnesota, consisting of a 43,583 SF building with approximately 2,000 SF of office space and situated on a 3.5-acre site. The property is zoned I-2 and includes outdoor storage and a truck scale. Warehouse clear height ranges from 14 to 20 feet, with 4 dock doors and 4 drive-in doors supporting loading and logistics operations. Electrical service includes 480V power. Public record identifiers include PID numbers 18-25-4-50-008 and 18-25-3-75-006.

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 · 2024

What does the county charge?
$20k
Tax billed · 2024
Assessed value$770k
Assessed land$178k
Assessed improvement$592k
Effective rate2.55%

Value estimate

· Sep 2026
$625k
$563k – $688k
AI approach$625k
Submarket $/SF estimate$575k

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

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.

JurisdictionRICE

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 agency19.9
Law Firm18.7
Wholesale Shop14.7

Location

1612 7th NW St Faribault, MN 55021-4626
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16th NW, Faribault, MN 55021 $4,000,000 Jan 2023 21,600 SF
500 12th NW, Faribault, MN 55021-3743 $2,100,000 May 2021 40,000 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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