Financial
Distress signals
Property profile

2397 Palmer Dr New Brighton, MN 55112

OFF-MARKET
Turn key restaurants
Property ID
US46-0415324
16,887 SF 0.78 ac lot Built 1973
Last sale Oct 2004 · $800,000
Trust Owned Owner of record is a trust. 21-yr Hold Held for 21 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?

Resolved identity, portfolio, hold profile and investor signals. Included 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?

$74k
Tax billed · 2023
Assessed value$2.30M
Assessed land$204k
Assessed improvement$2.10M
Effective rate3.20%
Value estimate · Sep 2026
$625k
$563k – $688k
AI approach$405k
Sales comparison$846k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$211/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$116 – $317
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?

I
JurisdictionRAMSEY
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 Supply10.5
Wholesale Shop9.9
Clothing Store8.8

Location

2397 Palmer Dr New Brighton, MN 55112-2463
County assessor Recorded deeds · 1 transfer 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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