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Entity Owned 
For Sale
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Property summary
This exceptional commercial property, listed at $1,200,000, presents a unique opportunity in the thriving New Ulm, Minnesota market. Situated on a 0.89-acre lot at the busy intersection of South Broadway and MN Hwy 15, this 4,192 square foot building boasts a spacious commercial kitchen and dining room, perfectly suited for a limited-service restaurant. Previously operating as a Burger King since 2001, the property is turnkey and ready for immediate use. Its strategic location offers… excellent visibility and accessibility, with proximity to US Hwy 14, the renowned Schell's Brewery, a popular 13-mile bike loop, Flandrau State Park, and the New Ulm Country Club. The property's potential is further enhanced by the option to acquire an additional 0.24 acres, ideal for expanding the drive-thru area. This presents a compelling investment opportunity to capitalize on the high demand for hospitality services in this vibrant community. The property is located at 1922 S Broadway St, New Ulm, MN 56073.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 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
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 · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,948 SF
- Year built
- 2001
- APN
- 001.054.001.02.020
- Zoning
- C2
- Assessed value · 2023
- $787,400
- Annual tax · 2023
- $18,936
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
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.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to 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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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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