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Financial
Distress signals
Property profile

1927 Broadway St New Ulm, MN 56073

OFF-MARKET
Turn key restaurants
Property ID
US46-2719403
6,600 SF Built 1989
Last sale Jun 2017 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a surfaced, paved parking lot totaling approximately 28,000 square feet at 1927 S. Broadway Street in New Ulm, Minnesota. It is located along the primary downtown route within a commercial district, supporting an established parking-oriented use. The lot is directly adjacent to the Econo Lodge and Pizza Ranch buildings and fronts S. Broadway Street, providing a straightforward setting for continued parking use in the downtown area.

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?
$18k
Tax billed · 2023
Assessed value$743k
Assessed land$203k
Assessed improvement$539k
Effective rate2.37%

Value estimate

· Oct 2026
$535k
$482k – $589k
AI approach$365k
Submarket $/SF estimate$709k

Realmo valuation models over county records and 3 qualifying comparable sales.

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 agency17.3
Building Supply14.8
Law Firm13.8

Location

1927 Broadway St New Ulm, MN 56073-3747
County assessor Recorded deeds · 1 transfer 3 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

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
203 Minnesota, New Ulm, MN 56073-1731 $350,000 Feb 2024 7,590 SF
336 Minnesota, New Ulm, MN 56073-1734 $180,000 Nov 2023 5,180 SF
110 Minnesota, New Ulm, MN 56073-1701 $1,000,000 Jun 2023 8,200 SF
1727 Broadway, New Ulm, MN 56073-3751 $1,200,000 May 2023 5,183 SF
16 Minnesota, New Ulm, MN 56073-1728 $550,000 Sep 2022 4,320 SF
1 Minnesota, New Ulm, MN 56073-3001 $369,900 Mar 2022 5,200 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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