Financial
Distress signals
Property profile

2012 Park S Ave Park Rapids, MN 56470

OFF-MARKET
Retail space
Property ID
US46-2739947
3,776 SF 1.53 ac lot Built 1993
Last sale Apr 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 3,776 square foot storefront in Park Rapids, Minnesota, presents a unique investment opportunity. Located on Park Ave S, this property boasts a prime location with excellent visibility and convenient access to US Hwy 71. Built in 1993, the single-story building sits on a 3.18-acre lot and includes 20 parking spaces, ensuring ample room for customers and inventory. The property features a 2,000 square foot shop area equipped to handle a wide range of marine maintenance and

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?
$4k
Tax billed · 2023
Assessed value$193k
Assessed land$61k
Assessed improvement$132k
Effective rate2.08%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k

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

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.

JurisdictionHUBBARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Electrical Service9.1
Furniture Store8.6

Location

2012 Park S Ave Park Rapids, MN 56470-2256
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Main S, Park Rapids, MN 56470-1516 $125,000 May 2025 3,000 SF
600 Park N, Park Rapids, MN 56470-1159 $180,000 May 2024 4,691 SF
1220 1st E, Park Rapids, MN 56470-1849 $240,000 Feb 2023 4,300 SF
115 Main S, Park Rapids, MN 56470-1515 $192,500 Dec 2021 3,450 SF
1301 Park S, Park Rapids, MN 56470-1590 $165,000 Jul 2020 3,120 SF
200 Heartland, Park Rapids, MN 56470 $475,000 Jan 2019 3,440 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2012 Park S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message