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    Property profile & analytics

    1826 State St New Ulm, MN 56073-1367

    • Auto shops
    • 8,908 SF
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Jan 15, 2020
    Location Intelligence
    Property ID
    US46-2442172
    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

    • Auto shops

    Property Details for 1826 State St

    Year built
    1960
    Property size
    8,908 SF
    Zone code
    C2
    Property type
    Auto shops
    APN
    001.001.087.08.080
    APU
    100108708080

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Ulm
    County
    Brown
    State
    Minnesota
    Longitude
    -94.4789
    Latitude
    44.3305
    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
    $7,224
    $73,300
    $249,600
    $322,900
    -
    $73,300
    $249,600
    $322,900

    Comparable in this City

    • Value Estimation
      $1,180,000
      22,065 SF

      926 Frnt St

      AUTO REPAIR, GARAGE • 22,065 SF
      926 Frnt St, New Ulm, MN 56073-1193
      View Details
    • Value Estimation by Request
      3,800 SF

      New Ulm, MN 56073

      AUTO REPAIR, GARAGE • 3,800 SF
      New Ulm, MN 56073
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    • Value Estimation by Request
      4,256 SF

      1327 Vly St

      AUTO REPAIR, GARAGE • 4,256 SF
      1327 Vly St, New Ulm, MN 56073-3403
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    • Value Estimation by Request
      2,460 SF

      5 4th N St

      AUTO REPAIR, GARAGE • 2,460 SF
      5 4th N St, New Ulm, MN 56073-1680
      View Details
    • Value Estimation by Request
      6,000 SF

      1807 Broadway St

      AUTO REPAIR, GARAGE • 6,000 SF
      1807 Broadway St, New Ulm, MN 56073-3748
      View Details
    • Value Estimation by Request
      5,000 SF

      61436 County Rd 21

      AUTO REPAIR, GARAGE • 5,000 SF
      61436 County Rd 21, New Ulm, MN 56073-4369
      View Details

    Similar Nearby for Sale

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      High-visibility commercial property in historic downtown New Ulm.
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      Ready-to-build residential lot in a developing area near amenities.
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      Mixed-Use Property in New Ulm

      Mixed-use property featuring commercial space and residential units.
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      7 SF

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    Similar Nearby for Lease

    • $10 SF/Yr
      2,720 SF

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      Retail property for rent with customizable work areas.
      2015 Broadway St S, New Ulm, MN 56073
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    • $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
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    1826 State St
    New Ulm, MN 56073-1367
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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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