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Financial
Distress signals
Property profile

8506 Park Rdg Dr Mountain Iron, MN 55768

OFF-MARKET
Manufacturing properties
Property ID
US46-1659384
9,600 SF Built 2007
Last sale Mar 2013
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of four surveyed lots in the City of Mountain Iron in St. Louis County, Minnesota, located off Highway 169 within the community’s commercial district. Lots 6 and 7 combine for a total of 2.14 acres; Lot 10 contains 1.09 acres; and Lot 11 contains 1.31 acres. The land is level and is prepared for development, with access to city utilities including water, sewer, electric, natural gas, and underground cable.

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 · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value · 2022$386k
Assessed land$44k
Assessed improvement$342k
Effective rate2.62%

Value estimate

· Oct 2026
$345k
$311k – $380k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$146/SF
County average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$27 – $363

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 agency10.4
HVAC Service9.5
Storage Facility9.0

Location

8506 Park Rdg Dr Mountain Iron, MN 55768
County assessor Recorded deeds · 8 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8937 Slate, Mountain Iron, MN 55768-3019 $350,000 Jun 2022 2,016 SF
8877 Slate, Mountain Iron, MN 55768 $600,000 Aug 2021 1,056 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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