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Property profile & analytics

1235 Hwy 3rd S Northfield, MN 55057-3086

  • Industrial properties
  • 0.53 lot acres
OFF-MARKET
Value Estimation
$1,965,000
Last Sale
Jan 18, 2024
$1,971,485
Location Intelligence
Property ID
US46-1333179
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

  • Industrial properties

Property Details for 1235 Hwy 3rd S

Lot size
0.53 lot acres
Property type
Industrial properties
Property subtype
Industrial live-work properties
APN
22.01.3.00.007
APU
2201300007

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,970,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,145,000
    6.5%
    $2,105,000
    7%
    $1,940,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,695,000
    Geo Method
    $2,070,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,155,000
    Retail
    $1,780,000
    Mixed-Use
    $1,740,000
    Hospitality
    $2,000,000
    Educational
    $1,750,000
    Residential Income
    $2,200,000
    Energy
    $2,200,000
    Income-Based Land
    $2,025,000
    Food Service
    $2,240,000

Location Insight

  • Map
  • Local Demand
City
Northfield
County
Rice
State
Minnesota
Longitude
-93.173
Latitude
44.4462
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
$1,318
$34,600
$0.00
$34,600
-
$34,600
$0.00
$34,600
More about this property
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