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Financial
Distress signals
Property profile

1941 Cardinal Ln Ste C Faribault, MN 55021

OFF-MARKET
Other office properties
Property ID
US46-1222779
1,303 SF 0.18 ac lot Built 2004
Last sale Aug 2026 · $285,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office condominium unit is configured for office use and presented in an office-ready condition with finished interior spaces. The unit layout is designed to support an office environment. The property is located with convenient access to I-35 and has frontage/visibility on a corridor described as accommodating approximately 33,500 vehicles per day. As an individually owned office condo within a commercial office context, the setup provides controlled, separate ownership of the unit.

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 · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$173k
Assessed land$38k
Assessed improvement$135k
Effective rate1.89%

Value estimate

· Oct 2026
$245k
$221k – $270k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$128 – $259
Qualifying comparables9

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.

JurisdictionRICE

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 Store11.4
Spa & Massage11.1

Location

1941 Cardinal Ln Ste C Faribault, MN 55021-4352
County assessor Recorded deeds · 6 transfers 9 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
404 Heritage, Faribault, MN 55021-5248 $240,000 Jun 2024 1,298 SF
1132 6th NW, Faribault, MN 55021 $290,000 Jan 2024 1,515 SF
23 3rd NW, Faribault, MN 55021-5117 $325,000 Dec 2021 1,495 SF
102 4th NW, Faribault, MN 55021-5101 $260,000 Nov 2021 1,695 SF
18029 Ames, Faribault, MN 55021-8027 $133,252 Sep 2021 1,056 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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