Financial
Distress signals
Property profile

510 Boulder Dr Hermantown, MN 55811

OFF-MARKET
Apartment buildings
Property ID
US46-1062289
49,688 SF Built 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$85k
Tax billed · 2023
Assessed value · 2022$4.66M
Assessed land$62k
Assessed improvement$4.60M
Effective rate1.83%

Value estimate

· Sep 2026
$3.83M
$3.45M – $4.21M
Sales comparison$5.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
Submarket average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$71 – $153

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.

JurisdictionST LOUIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.8
Law Firm18.2
Hair Salon14.8

Location

510 Boulder Dr Hermantown, MN 55811-5221
County assessor Recorded deeds · not on file 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
220 Pecan, Duluth, MN 55811-2753 $3,200,000 Jan 2024 28,800 SF
822 Baylis, Duluth, MN 55811-5244 $8,000,000 Jun 2023 75,470 SF
1725 Kenwood, Duluth, MN 55811-2264 $10,655,000 Jun 2021 21,870 SF
1701 Kenwood, Duluth, MN 55811-2263 $10,655,000 Jun 2021 21,060 SF
1410 Acre, Duluth, MN 55811-2262 $10,655,000 Jun 2021 17,010 SF
525 Kenwood, Duluth, MN 55811-2100 $51,500 Feb 2019 36,636 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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