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    Property profile & analytics

    116 6th NE Ave Sleepy Eye, MN 56085

    • Flex space
    • 2,520 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2603466
    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

    • Flex space

    Property Details for 116 6th NE Ave

    Year built
    2008
    Property size
    2,520 SF
    Property type
    Flex space
    APN
    002.135.006.10.100
    APU
    213500610100

    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
    -94.716
    Latitude
    44.298
    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
    $518
    $9,000
    $33,000
    $42,000
    -
    $9,000
    $33,000
    $42,000

    Comparable in this City

    • Value Estimation by Request
      4,368 SF

      Sleepy Eye, MN 56085

      LIGHT INDUSTRIAL • 4,368 SF
      Sleepy Eye, MN 56085
      View Details
    • Value Estimation by Request
      2,480 SF

      509 Elm NE St

      LIGHT INDUSTRIAL • 2,480 SF
      509 Elm NE St, Sleepy Eye, MN 56085
      View Details
    • Value Estimation by Request
      2,520 SF

      137 5th NE Ave

      LIGHT INDUSTRIAL • 2,520 SF
      137 5th NE Ave, Sleepy Eye, MN 56085
      View Details
    • Value Estimation
      $340,000
      5,250 SF

      27943 Us Hwy 14

      LIGHT INDUSTRIAL • 5,250 SF
      27943 Us Hwy 14, Sleepy Eye, MN 56085-4326
      View Details
    • Value Estimation
      $190,000
      3,990 SF

      505 Elm NE St

      LIGHT INDUSTRIAL • 3,990 SF
      505 Elm NE St, Sleepy Eye, MN 56085
      View Details
    • Value Estimation by Request
      7,200 SF

      Sleepy Eye, MN 56085

      LIGHT INDUSTRIAL • 7,200 SF
      Sleepy Eye, MN 56085
      View Details

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    116 6th NE Ave
    Sleepy Eye, MN 56085
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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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