Financial
Distress signals
Property profile

2066 College Way Fergus Falls, MN 56537

FOR SALE
Other commercial real estate
Property ID
US46-1452074
7,630 SF 0.63 ac lot Built 1974
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

The property is a commercial site located on the west end of Fergus Falls on College Way, with access to I-94. It sits on a 0.63-acre lot and features a 2,700 sq ft main building that is configured for office, retail, or light industrial use. A 2,400 sq ft rear building is designed for cold storage and includes three oversized bays and an insulated office space. The site is laid out to accommodate potential expansion or addition of operational and storage capacity.

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?
$2k
Tax billed · 2023
Assessed value$117k
Assessed land$56k
Assessed improvement$61k
Effective rate2.02%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 11.26% cap applied$39k

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?
11.26%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionOTTER TAIL

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 agency10.5
HVAC Service9.7
Electrical Service9.5

Location

2066 College Way Fergus Falls, MN 56537
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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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