Financial
Distress signals
Property profile

2190 Phelps Rd Lino Lakes, MN 55038

FOR SALE
Industrial properties
Property ID
US46-0876288
26,360 SF 2.05 ac lot Built 1988
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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2190 Phelps Rd, Lino Lakes, MN 55038 For Sale
$6,500,000 26,360 SF
2190 Phelps Rd, Lino Lakes, MN 55038
View Listing →
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2024

What does the county charge?

$57k
Tax billed · 2024
Assessed value$1.69M
Assessed land$222k
Assessed improvement$1.46M
Effective rate3.38%
Value estimate · Sep 2026
$2.30M
$2.07M – $2.53M
Sales comparison$2.56M
NOI build-up
Gross scheduled income$726k
Vacancy & credit loss−$30k
Operating expenses−$104k
NOI · 9.10% cap applied$591k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$106/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$68 – $146
Qualifying comparables6
Cap rate analysis

How does the asset earn?

9.10%
$591k estimated NOI · market benchmarks for this use type

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

Zoning insight No data

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionANOKA
Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.7
Wholesale Shop8.1
Auto Repair Shop8.6

Location

2190 Phelps Rd Lino Lakes, MN 55038
County assessor Recorded deeds · not on file 6 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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