Realmo Analytics

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Property profile

16731 Hwy 13th S Prior Lake, MN 55372

OFF-MARKET
Other commercial real estate
Property ID
US46-0901004
81,229 SF 5.42 ac lot Built 1975
Last sale Apr 2023
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

South Lake Village is a retail-centered mixed-use commercial complex that includes storefront and interior spaces suitable for office and retail use. The property has frontage along Highway 13 in Prior Lake’s central business district and includes abundant on-site parking. Within the complex is a full-service restaurant and bar with live music, along with other businesses including a pub and grub concept, a liquor store, a hair salon, a fitness facility, and a retail bike shop. Nearby uses…

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 · 2024

What does the county charge?
$333k
Tax billed · 2024
Assessed value$12.10M
Assessed land$3.22M
Assessed improvement$8.89M
Effective rate2.75%

Value estimate

· Oct 2026
$10.73M
$9.65M – $11.80M
CAP approach$11.98M
Submarket $/SF estimate$11.96M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
Submarket average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$114 – $216
Qualifying comparables10

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.

JurisdictionSCOTT

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
Restaurant12.1
Auto Parts Store11.3
Pharmacy11.2

Location

16731 Hwy 13th S Prior Lake, MN 55372-8501
County assessor Recorded deeds · 3 transfers 10 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3950 Grn Hts SW, Prior Lake, MN 55372-2435 $1,517,645 Dec 2024 7,024 SF
16281 Main SE, Prior Lake, MN 55372-2482 $169,200 Dec 2023 10,640 SF
16691 Hwy 13th S, Prior Lake, MN 55372-2142 $1,700,000 Jan 2020 7,885 SF
6885 Boudin NE, Prior Lake, MN 55372-1432 $1,250,000 Oct 2019 8,180 SF
5565 Credit Riv SE, Prior Lake, MN 55372-4565 $425,000 Jun 2019 10,650 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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