Financial
Distress signals
Property profile

224 12th S St New Ulm, MN 56073

OFF-MARKET
Warehouses
Property ID
US46-3076866
16,000 SF Built 2005
Last sale Dec 2023
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ 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. 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?
$19k
Tax billed · 2023
Assessed value$674k
Assessed land$120k
Assessed improvement$554k
Effective rate2.86%

Value estimate

· Sep 2026
$425k
$383k – $468k

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

What can be built here?
I2
JurisdictionBROWN

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 agency24.4
Building Supply18.6
Auto Repair Shop16.6

Location

224 12th S St New Ulm, MN 56073
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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
1919 Broadway, New Ulm, MN 56073 $51,700 Apr 2024 4,160 SF
217 Ctr, New Ulm, MN 56073 $942,064 Apr 2024 15,400 SF
424 Vly, New Ulm, MN 56073-1639 $655,000 Apr 2024 5,670 SF
New Ulm, MN 56073 $75,000 Dec 2023 11,200 SF
318 17th S, New Ulm, MN 56073 $325,000 Jun 2023 5,850 SF
323 19th N, New Ulm, MN 56073-1021 $237,733 Feb 2023 11,580 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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