Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    112 3rd NE St Faribault, MN 55021-5219

    • Investment properties
    • 3,394 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US46-1316878
    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

    • Edward Jones - Financial Advisor: Jim Harding, AAMS™ / Finance Broker / Investment Service

    Property Details for 112 3rd NE St

    Year built
    1920
    Lot size
    0.11 lot acres
    Property size
    3,394 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    18.31.1.26.304
    APU
    1831126304

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.2661
    Latitude
    44.2938
    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
    $6,428
    $52,500
    $294,500
    $347,000
    -
    $52,500
    $294,500
    $347,000

    Comparable in this City

    • Value Estimation by Request
      4,388 SF

      302 Central N Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,388 SF
      302 Central N Ave, Faribault, MN 55021-5242
      View Details
    • Value Estimation
      $345,000
      4,400 SF

      328 Central N Ave, Unit C

      OFFICE/RESIDENTIAL (MIXED USE) • 4,400 SF
      328 Central N Ave, Faribault, MN 55021-5390
      View Details
    • Value Estimation
      $240,000
      1,564 SF

      302 1st NW Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,564 SF
      302 1st NW Ave, Faribault, MN 55021-5137
      View Details
    • Value Estimation
      $140,000
      964 SF

      118 Central N Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 964 SF
      118 Central N Ave, Faribault, MN 55021-5211
      View Details
    • Value Estimation
      $280,000
      2,040 SF

      25 3rd NW St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,040 SF
      25 3rd NW St, Faribault, MN 55021-5117
      View Details
    • Value Estimation
      $215,000
      2,310 SF

      213 Central N Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,310 SF
      213 Central N Ave, Faribault, MN 55021-5212
      View Details

    Similar Nearby for Sale

    • $319,000
      0.25 Acres

      Mixed-Use Building in Downtown Faribault

      Mixed-use property with commercial spaces and residential potential in Faribault.
      12 3Rd St NE, Faribault, MN 55021
      View Details
    • $399,000

      Faribault Mixed-Use Investment Opportunity

      Mixed-use property in downtown Faribault with income and development potential.
      14/16 3Rd St NE, Faribault, MN 55021
      View Details
    • $525,000

      Mixed-Use Investment in Downtown Faribault

      Mixed-use property in revitalizing downtown Faribault, an emerging destination.
      301 Central Ave, Faribault, MN 55021
      View Details
    • Contact for pricing
      257,816 SF

      Faribault Warehouse & Office Space

      Large Warehouse, Office Space Available
      128 15Th St, Faribault, MN 55021
      View Details
    • $1,395,000
      46,075 SF

      Faribault City Block Redevelopment Opportunity

      Historic Multi-Building Campus, 46,075 SF
      112 2Nd Ave, Faribault, MN 55021
      View Details
    • $250,000

      Versatile Land Parcel For Sale

      6.4 acres of land zoned TUD with development potential.
      14xx Division St E, Faribault, MN 55021
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      208,000 SF

      Faribault Industrial Park Land

      59 acre industrial park land available for lease.
      170Th St W, Faribault, MN 55021
      View Details
    • $4 SF/Yr
      30,000 SF

      Faribault Warehouse Space Available

      30,000 square foot warehouse space for rent in Faribault.
      128 15Th St NW, Faribault, MN 55021
      View Details
    • Contact for pricing
      934 SF

      Retail Space in Faribault, MN

      Retail space available in Faribault, Minnesota with ample parking.
      300 Western Ave, Faribault, MN 55021
      View Details
    • $14,400 /Mo
      15,660 SF

      Faribault Industrial Warehouse Space

      15,660 SF Warehouse, Office Space Available
      2800 1St Ave, Faribault, MN 55021
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 3rd NE St
    Faribault, MN 55021-5219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.