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    Property profile & analytics

    109 Water N St Northfield, MN 55057-2121

    • Auto shops
    • 1,579 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US46-1462002
    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 109 Water N St

    Year built
    1960
    Lot size
    0.35 lot acres
    Property size
    1,579 SF
    Property type
    Auto shops
    APN
    22.36.4.75.014
    APU
    2236475014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Rice
    State
    Minnesota
    Longitude
    -93.162
    Latitude
    44.4602
    CBSA code
    22060
    CBSA name
    FARIBAULT-NORTHFIELD, 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
    2024
    $8,500
    $152,800
    $146,800
    $299,600
    -
    $152,800
    $146,800
    $299,600

    Comparable in this City

    • Value Estimation
      $230,000
      1,531 SF

      105 Water N St

      AUTO REPAIR, GARAGE • 1,531 SF
      105 Water N St, Northfield, MN 55057
      View Details
    • Value Estimation
      $360,000
      1,770 SF

      120 3rd W St

      AUTO REPAIR, GARAGE • 1,770 SF
      120 3rd W St, Northfield, MN 55057-2053
      View Details
    • Value Estimation
      $315,000
      752 SF

      918 Division S St

      AUTO REPAIR, GARAGE • 752 SF
      918 Division S St, Northfield, MN 55057-2408
      View Details
    • Value Estimation
      $360,000
      1,450 SF

      701 Division S St

      AUTO REPAIR, GARAGE • 1,450 SF
      701 Division S St, Northfield, MN 55057-2491
      View Details
    • Value Estimation
      $205,000
      3,750 SF

      32938 Northfield Blvd

      AUTO REPAIR, GARAGE • 3,750 SF
      32938 Northfield Blvd, Northfield, MN 55057-1484
      View Details
    • Value Estimation
      $670,000
      14,774 SF

      1802 Cannon Rd

      AUTO REPAIR, GARAGE • 14,774 SF
      1802 Cannon Rd, Northfield, MN 55057-3611
      View Details

    Similar Nearby for Sale

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    • New
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      New commercial garage condos designed for business and personal use.
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      Land in Hazelwood Creek Estates

      2.86 acres in Hazelwood Creek Estates, build your dream home.
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    Property Visit Statistics

    • Visits by month
      175
    • Visitors by month
      5.6k
    • Avg Time on site
      16 min
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    109 Water N St
    Northfield, MN 55057-2121
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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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