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Financial
Distress signals
Property profile

317 Broadway St Alexandria, MN 56308

OFF-MARKET
Retail space
Property ID
US46-1409431
38,697 SF Built 2022
Last sale Nov 2019 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Rune is a four-story mixed-use property located at 317 Broadway Street in downtown Alexandria, Minnesota, with retail frontage along Broadway Street. The building includes retail space at street level and 72 luxury apartments on the upper floors, creating an occupied residential component above the commercial areas. The listing describes multiple available suites and configurations: Suite A is 2,565 sq ft and has the potential to be expanded by an additional 811 sq ft to 3,376 sq ft; Suite…

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?
$37k
Tax billed · 2023
Assessed value$2.37M
Assessed land$805k
Assessed improvement$1.57M
Effective rate1.57%

Value estimate

· Oct 2026
$730k
$657k – $803k
AI approach$910k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$71 – $137

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.

JurisdictionDOUGLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility12.7
Wholesale Shop11.8
Building Supply11.8

Location

317 Broadway St Alexandria, MN 56308-1418
County assessor Recorded deeds · 5 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
785 Nokomis NE, Alexandria, MN 56308-5122 $2,504,600 Feb 2024 5,729 SF
405 Broadway, Alexandria, MN 56308-1420 $1,050,000 Oct 2023 13,120 SF
411 Broadway, Alexandria, MN 56308-1420 $1,050,000 Oct 2023 8,965 SF
1700 Nokomis NE, Alexandria, MN 56308-5068 $573,311 Jun 2023 5,934 SF
602 Broadway, Alexandria, MN 56308-4501 $425,000 Mar 2023 7,341 SF
707 3rd E, Alexandria, MN 56308-1507 $4,500,000 Jan 2023 42,112 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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