Property profile

585 Adams NW Ave Owatonna, MN 55060

OFF-MARKET
Apartment buildings
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Property ID
US46-2801570
11,490 SF Built 1978
Last sale Jan 2015·$1,085,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years.
Market Trends Soon

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?
$24k
Tax billed · 2023
Assessed value$1.30M
Assessed land$94k
Assessed improvement$1.21M
Effective rate1.81%

Value estimate

· Nov 2026
$920k
$828k – $1.01M
Submarket $/SF estimate$1.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$64 – $116

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.

JurisdictionSTEELE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.6
Convenience Store9.2
Locksmith8.8

Location

585 Adams NW Ave Owatonna, MN 55060-2285
County assessor Recorded deeds · 1 transfer 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
811 School, Owatonna, MN 55060-3183 $650,000 Jun 2023 9,766 SF
135 22nd NW, Owatonna, MN 55060-1391 $1,140,000 Aug 2022 13,440 SF
633 Agnes, Owatonna, MN 55060-3177 $875,000 Jul 2022 10,608 SF
706 Academy, Owatonna, MN 55060-3181 $1,750,000 Sep 2021 13,248 SF
308 Cedar, Owatonna, MN 55060-2951 $480,000 Sep 2020 8,095 SF
114 22nd NW, Owatonna, MN 55060-5203 $2,229,070 Nov 2019 11,368 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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