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Financial
Distress signals
Property profile

560 Central N Ave Milaca, MN 56353

OFF-MARKET
Other commercial real estate
Property ID
US46-1160949
0.45 ac lot
Last sale Dec 2023 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial site on a +/-0.45-acre corner lot with frontage on Central Ave in Milaca (former US Hwy 169). It includes a finished main building configured for auto/machine shop and retail showroom use, with LED lighting, in-floor natural gas heating, and 3-phase electrical service. The interior layout includes a small retail showroom, shop/parts inventory space, a handicap-accessible restroom with shower, a small kitchenette, a private office, and ample storage. On the north end…

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?
$3k
Tax billed · 2023
Assessed value$147k
Assessed land$34k
Assessed improvement$114k
Effective rate1.86%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$47 – $131

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.

JurisdictionMILLE LACS

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery8.6
Pawn Shop8.5
Dental Office8.3

Location

560 Central N Ave Milaca, MN 56353-1542
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
210 Central N, Milaca, MN 56353-4655 $397,000 Mar 2025 9,900 SF
Milaca, MN 56353 $1,550,000 Mar 2025 No data
870 Central N, Milaca, MN 56353 $180,000 Jan 2025 1,926 SF
110 2nd SW, Milaca, MN 56353 $110,000 Dec 2024 1,679 SF
116 2nd SW, Milaca, MN 56353-1106 $150,000 Dec 2024 1,674 SF
1030 Central N, Milaca, MN 56353-1719 $375,000 Nov 2024 4,715 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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