Financial
Distress signals
Property profile

20470 State 226 Park Rapids, MN 56470

OFF-MARKET
Grocery and convenience stores
Property ID
US46-2721573
4,123 SF 0.58 ac lot Built 1920
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property in Dorset, Minnesota includes a general store and an Italian restaurant. The building contains 3,236 finished square feet on a single level, consisting of 1,380 square feet for the store portion and 1,856 square feet for the restaurant portion. The interior dining capacity is rated for 85 patrons, with additional patron capacity accommodated by an outdoor patio as well as a porch and deck areas. The property is configured to support both retail convenience sales 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$283k
Assessed land$28k
Assessed improvement$256k
Effective rate1.34%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

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: Tailor Shop
Demand index
Tailor Shop8.6
Auto Repair Shop8.3
Convenience Store8.2

Location

20470 State 226 Park Rapids, MN 56470-5025
County assessor Recorded deeds · not on file 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
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
305 Main S, Park Rapids, MN 56470-1550 $225,000 Oct 2022 5,000 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
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