Financial
Distress signals
Property profile

1914 S Broadway St New Ulm, MN 56073

FOR SALE
Commercial real estate
Property ID
US46-2587657
90,015 SF Built 1998
Last sale Jun 2023 · $1,115,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 90,015 square foot retail property, situated at 1914 S Broadway St in New Ulm, Minnesota, presents a remarkable adaptive reuse opportunity. Built in 1998, this well-maintained former big-box store offers a versatile space ideal for a variety of commercial uses. The B3 zoning allows for flexible redevelopment, whether as a single large space or divided into smaller units. Its strategic location at the intersection of South Broadway and MN Hwy 15 provides excellent visibility…

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 · 2023

What does the county charge?
$69k
Tax billed · 2023
Assessed value$2.16M
Assessed land$981k
Assessed improvement$1.18M
Effective rate3.17%

Value estimate

· Sep 2026
$1.13M
$1.02M – $1.24M
Submarket $/SF estimate$920k

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

What can be built here?
C2
JurisdictionBROWN

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 agency21.1
Building Supply17.3
Law Firm16.3

Location

1914 S Broadway St New Ulm, MN 56073
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 23rd N, New Ulm, MN 56073-1046 $330,000 Feb 2024 59,417 SF
2026 Broadway, New Ulm, MN 56073-1030 $2,550,000 Apr 2022 33,108 SF
1500 Frnt, New Ulm, MN 56073-1167 $1,200,000 Apr 2021 35,510 SF
2403 Broadway, New Ulm, MN 56073-3950 $590,000 Mar 2021 13,992 SF
1710 State, New Ulm, MN 56073 $127,000 May 2020 24,806 SF
424 20th S, New Ulm, MN 56073-3982 $260,000 Mar 2020 28,740 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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