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    Property profile & analytics

    121 1st S Ave Sleepy Eye, MN 56085-1364

    • Drug stores
    • 6,720 SF
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US46-2264342
    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

    • Drug stores

    Property Details for 121 1st S Ave

    Year built
    1943
    Property size
    6,720 SF
    Property type
    Drug stores
    APN
    002.105.002.15.150
    APU
    210500215150

    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
    -94.7225
    Latitude
    44.2965
    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
    $2,758
    $11,300
    $141,400
    $152,700
    -
    $11,300
    $141,400
    $152,700

    Comparable in this City

    • Value Estimation by Request
      1,134 SF

      301 Rice NW St

      BARBER, HAIR SALON • 1,134 SF
      301 Rice NW St, Sleepy Eye, MN 56085-1333
      View Details
    • Value Estimation
      $405,000
      1,960 SF

      400 Main W St

      CONVENIENCE STORE • 1,960 SF
      400 Main W St, Sleepy Eye, MN 56085-1127
      View Details
    • Value Estimation
      $405,000
      3,249 SF

      509 Main W St

      CONVENIENCE STORE • 3,249 SF
      509 Main W St, Sleepy Eye, MN 56085-1128
      View Details
    • Value Estimation by Request
      2,595 SF

      136 1st N Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,595 SF
      136 1st N Ave, Sleepy Eye, MN 56085-1302
      View Details
    • Value Estimation by Request
      2,668 SF

      500 Main E St

      CONVENIENCE STORE • 2,668 SF
      500 Main E St, Sleepy Eye, MN 56085-1644
      View Details
    • Value Estimation by Request
      4,904 SF

      1101 Main E St

      CONVENIENCE STORE • 4,904 SF
      1101 Main E St, Sleepy Eye, MN 56085-1688
      View Details

    Similar Nearby for Sale

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    • $125,000
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      5,000 SF Pole Barn on 2 Acres

      Pole barn on 2 acres, potential for storage or redevelopment.
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    Sleepy Eye, MN 56085-1364
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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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