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Financial
Distress signals
Property profile

2209 Phelps Rd Lino Lakes, MN 55038

OFF-MARKET
Industrial properties
Property ID
US46-0925293
7,308 SF 8.26 ac lot Built 1969
Last sale Jan 2021 · $1,079,418
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$39k
Tax billed · 2024
Assessed value$1.14M
Assessed land$781k
Assessed improvement$355k
Effective rate3.40%

Value estimate

· Oct 2026
$1.28M
$1.15M – $1.40M
AI approach$1.33M
CAP approach$1.22M
Submarket $/SF estimate$1.07M

Realmo valuation models over county records and 8 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 comparables8

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.

JurisdictionANOKA

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 agency11.4
Storage Facility8.9
Wholesale Shop8.8

Location

2209 Phelps Rd Lino Lakes, MN 55038-8701
County assessor Recorded deeds · 4 transfers 8 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4800 162nd N, Hugo, MN 55038-5536 $539,900 Sep 2024 2,573 SF
4843 162nd N, Hugo, MN 55038-5536 $550,000 Jul 2024 2,964 SF
6190 157th N, Hugo, MN 55038-5530 $469,991 Jun 2024 2,205 SF
15530 Goodview N, Hugo, MN 55038-5527 $466,270 Jun 2024 1,768 SF
6219 157th N, Hugo, MN 55038-5531 $725,000 Jun 2024 3,462 SF
15510 Goodview N, Hugo, MN 55038 $499,991 May 2024 1,992 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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