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Property profile & analytics
OFF-MARKET
Land
15201 667th St, Wabasha, MN 55981-2195
Individually Owned
Free & Clear
Property ID
US46-2996528
Property summary
AI-generated overview
This 2-acre parcel is located at the end of a cul-de-sac in Barn Swallow Subdivision. The level lot has been cleared and is suitable for residential or recreational use. The subdivision features newer homes, fiber optic internet access, and prairie views, and is located near opportunities for boating, hunting, fishing, and walking. The property is located approximately 2.5 miles southeast of Wabasha, a 30-minute drive to Winona, and a 45-minute drive to Rochester.
Property profile
Verified
Property type
Land
Use group
COMMERCIAL (GENERAL)
Lot
2 ac (87,120 SF)
APN
R05.01363.00
UPID
US46-2996528
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kevin Fuerstneau
Kevin Fuerstneau
since 2025
Last sale
$62,500
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wabasha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wabasha submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$388
Tax year 2024
Assessed value
$39,000
Assessed 2024
Previous assessed
$39,000
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$39,000
Land market value
$39,000
Total market value
$39,000
Applied tax rate
501.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Land
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2 ac (87,120 SF)
APN
R05.01363.00
UPID
US46-2996528
Jurisdiction
WABASHA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
2 ac
Current owner
From public records · entity-resolved
Kevin Fuerstneau
Individual
Free & Clear · 0 yrs held
Mailing address
145 2ND AVE NW, PLAINVIEW, MN 55964-1222
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$62,500
Kevin Fuerstneau
Jamie John Gillard
Warranty Deed
—
Apr 24, 2019
$18,500
Jamie John Gillard
Steven V Peterson
Warranty Deed
$10,500 · Peoples State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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