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Financial
Distress signals
Property profile

224 Elm St W Norwood Young America, MN 55368

FOR SALE
Retail space
Property ID
US46-0830555
2,160 SF 0.06 ac lot Built 1896
Last sale Oct 2015 · $121,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story brick mixed-use building with 4,400 total finished square feet, including more than 2,200 square feet on the main level and an upper floor with preserved space. It includes a full basement, two and a half bathrooms, and an existing retail shop configured for a quilting business. The building has updated electrical service and features PVC and copper plumbing, a heating and air system installed in 2009 (FA/CA), new ductwork, and a basement toilet. The building is…

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.

Debts

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?
$4k
Tax billed · 2024
Assessed value$217k
Assessed land$20k
Assessed improvement$197k
Effective rate1.90%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$114k
Vacancy & credit loss−$8k
Operating expenses−$32k
NOI · 25.96% cap applied$74k

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?
25.96%
$74k 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.

JurisdictionCARVER

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 agency9.8
Hair Salon9.3
Law Firm8.9

Location

224 Elm St W Norwood Young America, MN 55368
County assessor Recorded deeds · 4 transfers 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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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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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