Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1326 Broadway St New Ulm, MN 56073-3453

    • Flex space
    • 2,880 SF
    OFF-MARKET
    Value Estimation
    $105,000
    Last Sale
    Sep 17, 2020
    $100,000
    Location Intelligence
    Property ID
    US46-2701682
    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

    • Flex space

    Property Details for 1326 Broadway St

    Year built
    1963
    Property size
    2,880 SF
    Zone code
    C2
    Property type
    Flex space
    APN
    001.002.092.07.070
    APU
    100209207070

    Description

    This exceptional commercial property, located at 1326 S Broadway Street in New Ulm, Minnesota, 56073, is offered for sale at $249,900. Situated across from Subway, this special purpose building boasts ample space, including a full basement, providing significant potential for a variety of commercial uses. Recent renovations have enhanced the property's appeal, with updates including several windows, two bathrooms, flooring, lighting, electrical wiring, and a new furnace and air conditioning system. The building's functionality is further improved by the inclusion of off-street parking. The property's prime location on South Broadway in Brown County, Minnesota, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, updated commercial building with significant potential in a desirable location. The property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries are encouraged to explore the possibilities this property presents. The property is available for sale.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $90,000
      6.5%
      $95,000
      7%
      $100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $105,000
      Geo Method
      $90,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $115,000
      Retail
      $85,000
      Mixed-Use
      $110,000
      Hospitality
      $105,000
      Educational
      $95,000
      Residential Income
      $90,000
      Energy
      $90,000
      Income-Based Land
      $105,000
      Food Service
      $90,000

    Location Insight

    • Map
    • Local Demand
    City
    New Ulm
    County
    Brown
    State
    Minnesota
    Longitude
    -94.4478
    Latitude
    44.2989
    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
    $3,378
    $30,500
    $89,600
    $120,100
    -
    $30,500
    $89,600
    $120,100

    Comparable in this City

    • Value Estimation by Request
      2,352 SF

      300 Frnt St

      LIGHT INDUSTRIAL • 2,352 SF
      300 Frnt St, New Ulm, MN 56073-1631
      View Details
    • Value Estimation by Request
      11,580 SF

      New Ulm, MN 56073

      LIGHT INDUSTRIAL • 11,580 SF
      New Ulm, MN 56073
      View Details
    • Value Estimation by Request
      2,560 SF

      303 12th N St

      LIGHT INDUSTRIAL • 2,560 SF
      303 12th N St, New Ulm, MN 56073-1188
      View Details
    • Value Estimation by Request
      1,200 SF

      13258 County Rd 25th, Unit 11

      LIGHT INDUSTRIAL • 1,200 SF
      13258 County Rd 25th, New Ulm, MN 56073
      View Details
    • Value Estimation by Request
      9,272 SF

      7 Riv St

      LIGHT INDUSTRIAL • 9,272 SF
      7 Riv St, New Ulm, MN 56073-1658
      View Details
    • Value Estimation by Request
      2,400 SF

      1504 Vly St

      LIGHT INDUSTRIAL • 2,400 SF
      1504 Vly St, New Ulm, MN 56073
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7.67 Acres

      New Ulm Industrial Land - 7.67 Acres

      Prime Industrial Land, Hwy 14 Access
      0 Tbd Somsen St, New Ulm, MN 56073
      View Details
    • New
      $460,000

      New Ulm Multifamily Investment Opportunity

      12-unit apartment building in downtown New Ulm with value-add potential.
      209 S Minnesota St, New Ulm, MN 56073
      View Details
    • Contact for pricing
      7 SF

      New Ulm Land Opportunity

      7.67 acres of commercial land in New Ulm, MN.
      Tbd Somsen St, New Ulm, MN 56073
      View Details
    • $275,000

      New Ulm Retail Land Parcel

      1.24 acre commercial land parcel in retail corridor.
      1720 Westridge Rd, New Ulm, MN 56073
      View Details
    • $622,920
      9,300 SF

      New Ulm Mixed-Use Opportunity

      9,300 SF building in thriving New Ulm area.
      1618 S Broadway St, New Ulm, MN 56073
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lot Ready to Build

      Ready-to-build residential lot in a developing area near amenities.
      2323 Lake Ave, New Ulm, MN 56073
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      3,084 SF

      Prime New Ulm Retail Space

      High-visibility corner lot, 3,084 sq ft.
      1501 Broadway St, New Ulm, MN 56073
      View Details
    • $10 SF/Yr
      2,720 SF

      Retail Space on Broadway Street

      Retail property for rent with customizable work areas.
      2015 Broadway St S, New Ulm, MN 56073
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1326 Broadway St
    New Ulm, MN 56073-3453
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.