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Financial
Distress signals
Property profile

16251 Biscayne W Ave Farmington, MN 55024

OFF-MARKET
Office buildings
Property ID
US46-1238108
2,008 SF 79.96 ac lot Built 2017
Last sale Oct 2022
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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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?
$21k
Tax billed · 2023
Assessed value · 2022$828k
Assessed land$637k
Assessed improvement$192k
Effective rate2.52%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$395k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 160 recorded sales of this use type
Observed band · Q1–Q3$91 – $165
Qualifying comparables8

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

What can be built here?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.4
Storage Facility8.4
Bakery8.3

Location

16251 Biscayne W Ave Farmington, MN 55024-9573
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
305 3rd, Farmington, MN 55024-1352 $260,000 Feb 2024 3,686 SF
420 Elm, Farmington, MN 55024-1189 $425,000 Jul 2022 3,000 SF
511 Elm, Farmington, MN 55024-1126 $142,000 Aug 2021 1,008 SF
18598 Elk Riv, Farmington, MN 55024 $255,000 Jul 2021 2,769 SF
401 Oak, Farmington, MN 55024-1325 $200,000 Jun 2020 9,009 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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