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Property profile & analytics
OFF-MARKET
Drive through restaurants
520 Washington St, Brainerd, MN 56401-2928
Entity Owned
Absentee Owner
Free & Clear
Property ID
US46-0817154
Property summary
AI-generated overview
Mid-Town Center, located at 520 & 524 Washington Street in Baxter, Minnesota (zip code 56401), offers exceptional office and retail space opportunities. This 9,000 square foot building, constructed in 1969, is zoned B-6-Washington Street Commercial within Crow Wing County. Currently, 3,100 square feet of space is available, divisible into units ranging from 1,000 to a maximum contiguous 2,100 square feet. The property features ample parking with 85+ spaces in the East Lot and 20+ in the West Lot. Electrical service is 150 Amp, single phase. The building's prime location along the heavily trafficked Washington Street/Hwy 210 corridor ensures high visibility and accessibility, enhanced by signaled traffic lights at each end of the block. Turn-key restaurant and salon spaces are available, making this an ideal location for a variety of businesses. This multi-tenant building presents a unique chance to establish a presence in the thriving Brainerd area.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2016
Total area
2,312 SF
Lot
0.96 ac (41,993 SF)
APN
41040540
UPID
US46-0817154
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Diamond House Chinese Restaurant Restaurant
-
Caribou Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
COFFEE HOLDINGS LLC
COFFEE HOLDINGS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brainerd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brainerd submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,276
Tax year 2023
Assessed value
$650,600
Assessed 2023
Previous assessed
$563,400
+15.5% YoY
Effective rate
2.19%
On assessed value
Assessed land
$324,900
Assessed improvement
$325,700
Land market value
$324,900
Improvement market value
$325,700
Total market value
$650,600
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Total area
2,312 SF
Lot
0.96 ac (41,993 SF)
APN
41040540
UPID
US46-0817154
Jurisdiction
CROW WING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Cooling
Yes
Buildings
3
Lot
0.96 ac
Current owner
From public records · entity-resolved
COFFEE HOLDINGS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
530 S FRNT ST STE #100, MANKATO, MN 56001-3850
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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