Property profile

1254 Lk Ave Fairmont, MN 56031

OFF-MARKET
Commercial real estate
Property ID
US46-2083535
2,800 SF 0.31 ac lot Built 1978
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 2,800 SF
Lot 0.31 ac (13,678 SF)
APN 23.039.0630
UPID US46-2083535

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Social Service Agency Charitable Organization
  • Insurance Agency

Location

1254 Lk Ave Fairmont, MN 56031-1941
Fairmont metro Census 790501 FAIRMONT, MN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2024
Last sale
$153,500
2 recorded transactions
2026
Price N/A
2024
$153,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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