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Financial
Distress signals
Property profile

4661 Hwy 61st N White Bear Lake, MN 55110

OFF-MARKET
Banks
Property ID
US46-0890567
31,432 SF 1.84 ac lot Built 1990
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional office space, located in White Bear Lake at the intersection of Highway 61 and 2nd Street, offers a fantastic opportunity for businesses seeking a modern and efficient workspace. The suite is situated on the second floor of a well-maintained Class B building, constructed in 1990, and boasts a total of 32,000 square feet. Currently, 3,078 contiguous square feet are available for lease, with a minimum divisible space of 2,295 square feet. The space features abundant natural…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$104k
Tax billed · 2023
Assessed value$4.26M
Assessed land$1.20M
Assessed improvement$3.06M
Effective rate2.44%

Value estimate

· Oct 2026
$815k
$734k – $897k
AI approach$560k
Submarket $/SF estimate$1.07M

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

What can be built here?
F
JurisdictionRAMSEY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.2
Auto Parts Store13.2
Pharmacy11.7

Location

4661 Hwy 61st N White Bear Lake, MN 55110-3467
County assessor Recorded deeds · not on file 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Bellaire, White Bear Lake, MN 55110 $220,000 Aug 2024 No data
County Rd Ee, White Bear Lake, MN 55110 $220,000 Aug 2024 No data
5966 Hwy 61st N, Saint Paul, MN 55110-2370 $995,000 Jun 2023 9,990 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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