Property profile

Farmington, MN 55024

OFF-MARKET
Industrial properties
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Property ID
US46-1502744
40,185 SF 1.07 ac Built 1951
Last sale Dec 2019·$1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$8k
Tax billed · 2023
Assessed value · 2022$272k
Assessed land$140k
Assessed improvement$132k
Effective rate3.07%

Value estimate

· Nov 2026
$650k
$585k – $715k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$59 – $125
Qualifying comparables7

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

What can be built here?
R
JurisdictionDAKOTA

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 Firm16.1
Realty agency14.7
Spa & Massage13.7

Location

Farmington, MN 55024
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

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
2850 220th W, Farmington, MN 55024-9737 $2,167,494 May 2024 16,300 SF
5147 208th W, Farmington, MN 55024-7935 $2,792,169 Sep 2022 33,480 SF
308 Elm, Farmington, MN 55024-1029 $185,000 Aug 2022 5,054 SF
701 1st, Farmington, MN 55024-1282 $1,100,000 Dec 2019 40,185 SF
212 2nd, Farmington, MN 55024 $50,000 Feb 2019 1,344 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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