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    Property profile & analytics

    1206 Cedar St Monticello, MN 55362-8913

    • Office buildings
    • 9,994 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $680,000
    Last Sale
    Mar 30, 2023
    Location Intelligence
    Property ID
    US46-2776087
    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

    • North Risk Partners / Life Insurance Agency / Insurance Agency
    • West Metro Ophthalmology / Eye Care Center / Optometrist
    • Steven J. Grosser MD / Doctor / Ophthalmologist

    Property Details for 1206 Cedar St

    Year built
    2023
    Lot size
    1.70 lot acres
    Property size
    9,994 SF
    Property type
    Office buildings
    APN
    155-278-001020
    APU
    155278001020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wright
    State
    Minnesota
    Longitude
    -93.802229
    Latitude
    45.291756
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
    $4,232
    $803,000
    $970,900
    $1,773,900
    -
    $803,000
    $970,900
    $1,773,900

    Comparable in this City

    • Value Estimation by Request
      3,727 SF

      Monticello, MN 55362

      OFFICE BUILDING • 3,727 SF
      Monticello, MN 55362
      View Details
    • Value Estimation
      $295,000
      2,266 SF

      142 Broadway St

      OFFICE BUILDING • 2,266 SF
      142 Broadway St, Monticello, MN 55362-9351
      View Details
    • Value Estimation
      $350,000
      7,680 SF

      141 Broadway St

      OFFICE BUILDING • 7,680 SF
      141 Broadway St, Monticello, MN 55362-9322
      View Details
    • Value Estimation by Request
      22,968 SF

      9950 73rd NE St

      OFFICE BUILDING • 22,968 SF
      9950 73rd NE St, Otsego, MN 55362-1009
      View Details
    • Value Estimation
      $1,005,000
      6,820 SF

      204 3rd St

      OFFICE BUILDING • 6,820 SF
      204 3rd St, Monticello, MN 55362-8793
      View Details
    • Value Estimation
      $220,000
      2,080 SF

      108 Cedar St

      OFFICE BUILDING • 2,080 SF
      108 Cedar St, Monticello, MN 55362-9326
      View Details

    Similar Nearby for Sale

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      Monticello Office Building For Sale

      7,994 SF office building, formerly veterinary and chiropractic clinic.
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    • New
      $2,250,000
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      Monticello Commercial Property For Sale

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      Monticello Mixed-Use Commercial Building

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    • $2,950,000
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      Monticello Retail Center - Prime Location

      High-traffic retail space, excellent visibility.
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    • $299,900
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      Monticello Commercial Building - $299,900

      Prime Monticello location, leased commercial building.
      731 Broadway St, Monticello, MN 55362
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    • $345,000
      8.50 Acres

      Scenic 8.5 Acre Lakefront Homesite

      8.5 acre homesite with 1200 feet of lakefront.
      Tbd8.5 County Rd 106, Monticello, MN 55362
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,500 SF

      Monticello Office Space For Rent

      Second-level office space with ample parking and central HVAC.
      113 Locust St, Monticello, MN 55362
      View Details
    • $25 SF/Yr
      3,614 SF

      Turnkey Medical Office Space Available

      Medical office space with patient rooms and convenient highway access.
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      View Details
    • $14 SF/Yr
      3,169 SF

      Highway Frontage Office Space

      Office space for lease with highway frontage and high visibility.
      4134 Deegan Ct, Monticello, MN 55362
      View Details
    • $19 SF/Yr
      380 SF

      Monticello Office Space for Rent

      Office space available for rent in Monticello, Minnesota.
      107 Cedar St, Monticello, MN 55362
      View Details
    • $8 SF/Yr
      4,000 SF

      Monticello Office Space For Lease

      Two-story office space available in Monticello, Minnesota.
      1324-1330 Edmonson Ave NE, Monticello, MN 55362
      View Details
    • Contact for pricing
      1,288 SF

      Lower Level Office Space

      1,288 SF office space for lease near I-94.
      611 Walnut St, Monticello, MN 55362
      View Details
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    Monticello, MN 55362-8913
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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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