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    113 Locust St Monticello, MN 55362

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    For Lease
    $12 SF/Yr ($1,500 /Mo)

    Second-level office space with ample parking and central HVAC.

    Property size:
    1,500 SF
    Lot size:
    0.23 Acres

    Property Features for 113 Locust St

    General Information

    Size
    1,500 SF
    Lot size
    0.23 Acres

    Source: Commercial Realty Solutions LLC Agent Sheila Zachman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monticello Office Space For Rent

    This second-level office space in Monticello, MN, offers 1500 square feet of area. The property features central heating and air conditioning. Ample parking is available for tenants and visitors. Please note that there is no elevator access to the second level.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    David's Photography Inc Portrait Studio Fleming Law Offices, ... Law Firm Compliance Solutions Inc Dental Clinic Kloubec Michael Loan Agency Studer Chiropractic, P.C. Chiropractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wright
    State
    Minnesota
    Longitude
    -93.79701
    Latitude
    45.307426

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    FAQs

    What type of property is this?
    Office space - Second-level office space with ample parking and central HVAC.
    Where is this office space located?
    The property is located at 113 Locust St Monticello, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Ample parking available for tenants and visitors.; - Central heat & air conditioning throughout the building.; - 2nd level space offering a unique perspective.
    (763) 244-0600
    Request Owner's contact information
    113 Locust St Monticello, MN 55362
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    Monticello, MN 55362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 Locust St Monticello, MN 55362
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