Financial
Distress signals
Property profile

23 Frnt St New Ulm, MN 56073

OFF-MARKET
Flex space
Property ID
US46-2821793
3,000 SF Built 2015
Last sale Dec 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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?
$5k
Tax billed · 2023
Assessed value$189k
Assessed land$22k
Assessed improvement$167k
Effective rate2.85%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$46/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$21 – $72

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 agency17.8
Building Supply12.2
Auto Parts Store11.6

Location

23 Frnt St New Ulm, MN 56073
County assessor Recorded deeds · 1 transfer 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
13258 County Rd 25th, New Ulm, MN 56073 $78,921 Apr 2024 2,880 SF
2013 Spg, New Ulm, MN 56073 $220,000 Apr 2024 2,400 SF
2015 Spg, New Ulm, MN 56073 $240,000 Jul 2023 2,400 SF
1227 Water, New Ulm, MN 56073 $350,000 Aug 2021 3,200 SF
1220 Frnt, New Ulm, MN 56073-4103 $50,000 Mar 2021 2,380 SF
1815 Minnesota, New Ulm, MN 56073-1258 $156,750 Jun 2020 2,700 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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