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    Property profile & analytics

    108 3rd SE Ave Sleepy Eye, MN 56085-1610

    • Auto shops
    • 1,200 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2829786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 108 3rd SE Ave

    Year built
    1963
    Property size
    1,200 SF
    Property type
    Auto shops
    APN
    002.105.001.02.020
    APU
    210500102020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sleepy Eye
    County
    Brown
    State
    Minnesota
    Longitude
    -94.7203
    Latitude
    44.2969
    CBSA code
    35580
    CBSA name
    NEW ULM, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $436
    $10,400
    $11,500
    $21,900
    -
    $10,400
    $11,500
    $21,900

    Comparable in this City

    • Value Estimation
      $125,000
      1,360 SF

      113 7th SW Ave

      AUTO REPAIR, GARAGE • 1,360 SF
      113 7th SW Ave, Sleepy Eye, MN 56085-1118
      View Details
    • Value Estimation
      $85,000
      2,970 SF

      809 Water SW St

      AUTO REPAIR, GARAGE • 2,970 SF
      809 Water SW St, Sleepy Eye, MN 56085-1229
      View Details
    • Value Estimation
      $375,000
      4,800 SF

      27929 Us Hwy 14

      AUTO REPAIR, GARAGE • 4,800 SF
      27929 Us Hwy 14, Sleepy Eye, MN 56085
      View Details
    • Value Estimation by Request
      10,700 SF

      22071 State Hwy 4th 4

      AUTO REPAIR, GARAGE • 10,700 SF
      22071 State Hwy 4th 4, Sleepy Eye, MN 56085-5060
      View Details
    • Value Estimation by Request
      4,120 SF

      109 5th SW Ave

      AUTO REPAIR, GARAGE • 4,120 SF
      109 5th SW Ave, Sleepy Eye, MN 56085-1161
      View Details
    • Value Estimation
      $380,000
      1,500 SF

      24002 State Hwy 4th 4

      AUTO REPAIR, GARAGE • 1,500 SF
      24002 State Hwy 4th 4, Sleepy Eye, MN 56085-4645
      View Details

    Similar Nearby for Sale

    • $774,000
      70.37 Acres

      70 Acre Farm Land

      70 acre farm in Home Township, Minnesota for sale.
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      New Ulm Industrial Site

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    • $476,000
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      Farmland in Home Township, MN

      Approximately 40 acres of farmland with a high CPI rating.
      40 Acres M/L Section 18, Sleepy Eye, MN 56085
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    • $125,000
      5,000 SF

      5,000 SF Pole Barn on 2 Acres

      Pole barn on 2 acres, potential for storage or redevelopment.
      25945 Hwy, Sleepy Eye, MN 56085
      View Details
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    108 3rd SE Ave
    Sleepy Eye, MN 56085-1610
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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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