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Financial
Distress signals
Property profile

232 NW Highway Ave S Blooming Prairie, MN 55917

FOR SALE
Other commercial real estate
Property ID
US46-2504270
10 ac lot
Last sale Jan 2020 · $144,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

232 NW Highway Avenue S is a retail building in Blooming Prairie with 4,720 sq. ft. of space. The structure was originally built in 1900 and has undergone extensive remodeling, including replacement siding (steel and wood), a steel roof, and other interior and exterior updates. The property includes landscaped grounds and a spacious concrete parking lot. The main level has a wide-open floor plan with two restrooms. A lofted second floor includes its own bathroom and can be used as office space…

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 · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$46k
Assessed land$27k
Assessed improvement$19k
Effective rate2.22%

Value estimate

· Oct 2026
$145k
$131k – $160k
AI approach$150k

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

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.

JurisdictionSTEELE

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 Supply10.6
Realty agency9.8
HVAC Service9.5

Location

232 NW Highway Ave S Blooming Prairie, MN 55917
County assessor Recorded deeds · 2 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
538 Hwy 218th S, Blooming Prairie, MN 55917 $1,229,948 Mar 2025 No data
Hwy, Blooming Prairie, MN 55917 $65,000 Jan 2025 No data
316 Hwy S, Blooming Prairie, MN 55917 $185,000 Dec 2024 660 SF
340 Main, Blooming Prairie, MN 55917-1264 $320,000 Sep 2024 No data
334 Main, Blooming Prairie, MN 55917-1264 $320,000 Sep 2024 No data
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?”
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