Financial
Distress signals
Property profile

303 1st Ave Ne Ste 370 Faribault, MN 55021

OFF-MARKET
Office Spaces
Property ID
US46-1234947
474 SF 0.02 ac lot Built 1895
Last sale Apr 2019 · $25,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ 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 · 2024

What does the county charge?
$670
Tax billed · 2024
Assessed value$41k
Assessed land$9k
Assessed improvement$31k
Effective rate1.65%

Value estimate

· Sep 2026
$50k
$45k – $55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$128 – $259

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.

JurisdictionRICE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Electrical Service10.0
HVAC Service9.5

Location

303 1st Ave Ne Ste, Unit 370 Faribault, MN 55021-5297
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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1400 Autumn, Faribault, MN 55021-6934 $13,350,000 Jun 2025 974 SF
504 4th NW, Faribault, MN 55021-5071 $290,000 May 2025 936 SF
404 Heritage, Faribault, MN 55021-5248 $240,000 Jun 2024 1,298 SF
18029 Ames, Faribault, MN 55021-8027 $133,252 Sep 2021 1,056 SF
417 Lincoln NW, Faribault, MN 55021-4952 $100,000 Nov 2020 572 SF
21 2nd NW, Faribault, MN 55021-5106 $87,000 Dec 2019 959 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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