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    4Th Ave Fairfax, MN 55332

    • Land
    • 85.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 4Th Ave

    Lot size
    85.08 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Exceptional investment opportunity: 85.08 acres of highly productive farmland in Fairfax, Minnesota (Renville County, zip code 55332). This income-producing property boasts a 90.1 CPI and is conveniently located on 4th Ave NW. Currently, 84.10 acres are leased for the 2024 crop year, with the lease expiring December 31, 2024. The land is zoned for agricultural use and features a mostly rectangular shape with mostly to very gently rolling topography, ensuring ease of management. Excellent drainage is provided by random tile drainage, a 12-inch county tile running from the mid-north line to the southeast part of the county ditch, and a 24-inch tile at the southeast point of the county ditch running south and southeast. A county ditch forms the majority of the western and three-quarters of the southern boundaries. Detailed drainage maps are available for review. The asking price is $1,021,000. Property consists of two parcels: APN 31-00170-00 and 31-00115-00. This represents a unique chance to acquire a well-maintained and productive agricultural asset. Further information and detailed maps are available upon request.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Renville
    State
    Minnesota
    Longitude
    -94.7305
    Latitude
    44.5342

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    4Th Ave
    Fairfax, MN 55332
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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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