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    Property profile & analytics

    128 Broadway Wells, MN 56097-1628

    • Investment properties
    • 4,096 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2172893
    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

    • Investment properties

    Property Details for 128 Broadway

    Lot size
    0.05 lot acres
    Property size
    4,096 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    30.200.2750
    APU
    302002750

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wells
    County
    Faribault
    State
    Minnesota
    Longitude
    -93.7259
    Latitude
    43.7436

    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
    2022
    $1,170
    $2,300
    $47,500
    $49,800
    -
    $2,300
    $47,500
    $49,800

    Comparable in this City

    • Value Estimation by Request
      4,030 SF

      40 Franklin St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,030 SF
      40 Franklin St, Wells, MN 56097-1927
      View Details
    • Value Estimation
      $110,000
      0.32 Acres

      Wells, MN 56097

      OFFICE/RESIDENTIAL (MIXED USE) • 0.32 Acres
      Wells, MN 56097
      View Details
    • Value Estimation
      $110,000
      4,752 SF

      40 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 4,752 SF
      40 Broadway, Wells, MN 56097-1633
      View Details
    • Value Estimation
      $55,000
      5,940 SF

      46 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 5,940 SF
      46 Broadway, Wells, MN 56097-1633
      View Details
    • Value Estimation
      $240,000
      6,500 SF

      147 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 6,500 SF
      147 Broadway, Wells, MN 56097-1627
      View Details
    • Value Estimation by Request
      768 SF

      Wells, MN 56097

      OFFICE/RESIDENTIAL (MIXED USE) • 768 SF
      Wells, MN 56097
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Industrial building lot available in South Industrial Park, Wells.
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    • $38,281
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      Wells Business Park Land Opportunity

      Commercial land available in the new Wells Business Park.
      L2 B2 Business Park, Wells, MN 56097
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    • Contact for pricing
      1.21 Acres

      Wells Business Park Land Available

      Commercial land available in the new Wells Business Park.
      L1 B1 Business Park, Wells, MN 56097
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    • $110,000
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      Prime Wells, MN Commercial Space

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    128 Broadway
    Wells, MN 56097-1628
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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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