Financial
Distress signals
Property profile

700 W Prairie St Belle Plaine, MN 56011

FOR SALE
Commercial real estate
View Listing
Property ID
US46-1212238
6,927 SF 0.9 ac lot Built 1999
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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. 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 · 2024

What does the county charge?
$52k
Tax billed · 2024
Assessed value$1.75M
Assessed land$169k
Assessed improvement$1.58M
Effective rate2.97%

Value estimate

· Sep 2026
$940k
$846k – $1.03M
CAP approach$1.02M
Submarket $/SF estimate$884k
NOI build-up
Gross scheduled income$147k
Vacancy & credit loss−$38k
Operating expenses−$27k
NOI · 11.71% cap applied$82k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$135/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$82 – $204
Qualifying comparables13

Cap rate analysis

How does the asset earn?
11.71%
$82k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionSCOTT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.0
Hair Salon10.4
Restaurant10.2

Location

700 W Prairie St Belle Plaine, MN 56011
County assessor Recorded deeds · not on file 13 qualifying comp sales 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
615 Park, Belle Plaine, MN 56011-2150 $385,000 Apr 2024 4,682 SF
100 Main, Belle Plaine, MN 56011-1822 $500,000 Mar 2024 8,388 SF
116 Main, Belle Plaine, MN 56011-1602 $200,000 Jan 2022 7,928 SF
727 Main, Belle Plaine, MN 56011-2201 $360,000 May 2020 5,680 SF
301 Meridian, Belle Plaine, MN 56011-1919 $455,000 Sep 2019 10,230 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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