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    Property profile & analytics

    1201 1St St Waubun, MN 56589

    • Commercial real estate
    • 46,318 SF
    For Sale
    View listing
    $1,900,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Waubun Steel / Steel Distributor

    Property Details for 1201 1St St

    Year built
    1976
    Property size
    46,318 SF
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waubun
    County
    Mahnomen
    State
    Minnesota
    Longitude
    -95.9439
    Latitude
    47.1827

    Comparable in this City

    • Value Estimation by Request
      5.49 Acres

      40921 State Hwy 113

      COMMERCIAL (GENERAL) • 5.49 Acres
      40921 State Hwy 113, Waubun, MN 56589
      View Details
    • Value Estimation by Request
      2.00 Acres

      Waubun, MN 56589

      COMMERCIAL (GENERAL) • 2.00 Acres
      Waubun, MN 56589
      View Details
    • Value Estimation by Request
      0.52 Acres

      Waubun, MN 56589

      COMMERCIAL (GENERAL) • 0.52 Acres
      Waubun, MN 56589
      View Details
    • Value Estimation
      $680,000
      1.58 Acres

      3185 Us Hwy 59

      COMMERCIAL (GENERAL) • 1.58 Acres
      3185 Us Hwy 59, Waubun, MN 56589-9100
      View Details
    • Value Estimation by Request
      575 SF

      1512 Main St

      Commercial real estate • 575 SF
      1512 Main St, Waubun, MN 56589
      View Details
    • Value Estimation by Request

      26671 Mccraney Rd

      COMMERCIAL (GENERAL)
      26671 Mccraney Rd, Waubun, MN 56589
      View Details

    Similar Nearby for Sale

    • $65,000
      575 SF

      1512 Main St, Waubun, MN 56589

      Commercial real estate • 575 SF
      1512 Main St, Waubun, MN 56589
      View Details
    • $1,900,000
      46,318 SF

      1201 1St St, Waubun, MN 56589

      Commercial real estate • 46,318 SF
      1201 1St St, Waubun, MN 56589
      View Details
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    1201 1St St
    Waubun, MN 56589
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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
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