Financial
Distress signals
Property profile

907 State St Fairmont, MN 56031

OFF-MARKET
Commercial real estate
Property ID
US46-2196163
40,350 SF 5.27 ac lot Built 1979
Last sale Sep 2023 · $5,125,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$98k
Tax billed · 2022
Assessed value · 2023$3.23M
Assessed land$675k
Assessed improvement$2.56M
Effective rate3.03%

Value estimate

· Sep 2026
$5.19M
$4.67M – $5.70M
AI approach$4.73M
Submarket $/SF estimate$3.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$63/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$35 – $108

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.

JurisdictionMARTIN

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 Firm11.7
Realty agency11.2
Parking Facility10.9

Location

907 State St Fairmont, MN 56031-4441
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1223 Lk, Fairmont, MN 56031-1942 $200,000 Feb 2026 4,115 SF
1317 State, Fairmont, MN 56031-3749 $500,000 Mar 2025 4,360 SF
601 Pr, Fairmont, MN 56031-2739 $250,000 Jan 2025 11,695 SF
1225 Hwy 15th S, Fairmont, MN 56031-4461 $140,000 Nov 2024 5,000 SF
616 Pr, Fairmont, MN 56031 $80,000 Jun 2024 8,064 SF
2307 State, Fairmont, MN 56031-3643 $1,210,427 May 2024 5,840 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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