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    Property profile & analytics

    1940 Cardinal Ln Faribault, MN 55021-7384

    • Drive through restaurants
    • 2,385 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1261463
    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

    • Hardee's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 1940 Cardinal Ln

    Year built
    2007
    Lot size
    1.22 lot acres
    Property size
    2,385 SF
    Property type
    Drive through restaurants
    APN
    18.24.3.01.005
    APU
    1824301005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.2965
    Latitude
    44.3188
    CBSA code
    22060
    CBSA name
    FARIBAULT-NORTHFIELD, 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
    2024
    $17,698
    $253,600
    $445,500
    $699,100
    -
    $253,600
    $445,500
    $699,100

    Comparable in this City

    • Value Estimation
      $1,400,000
      2,724 SF

      1410 Hwy 60th W

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,724 SF
      1410 Hwy 60th W, Faribault, MN 55021-4900
      View Details
    • Value Estimation by Request
      2,654 SF

      404 Wilson Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,654 SF
      404 Wilson Ave, Faribault, MN 55021-4617
      View Details
    • Value Estimation by Request
      4,005 SF

      525 4th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,005 SF
      525 4th NW St, Faribault, MN 55021-5032
      View Details
    • Value Estimation by Request
      3,600 SF

      1501 7th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,600 SF
      1501 7th NW St, Faribault, MN 55021-4640
      View Details
    • Value Estimation by Request
      4,932 SF

      313 Lyndale N Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,932 SF
      313 Lyndale N Ave, Faribault, MN 55021-4851
      View Details
    • Value Estimation
      $450,000
      1,595 SF

      1431 4th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,595 SF
      1431 4th NW St, Faribault, MN 55021-4935
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      934 SF

      Retail Space in Faribault, MN

      Retail space available in Faribault, Minnesota with ample parking.
      300 Western Ave, Faribault, MN 55021
      View Details
    • Contact for pricing
      208,000 SF

      Faribault Industrial Park Land

      59 acre industrial park land available for lease.
      170Th St W, Faribault, MN 55021
      View Details
    • $4 SF/Yr
      30,000 SF

      Faribault Warehouse Space Available

      30,000 square foot warehouse space for rent in Faribault.
      128 15Th St NW, Faribault, MN 55021
      View Details
    • $14,400 /Mo
      15,660 SF

      Faribault Industrial Warehouse Space

      15,660 SF Warehouse, Office Space Available
      2800 1St Ave, Faribault, MN 55021
      View Details

    Property Visit Statistics

    • Visits by month
      12.0k
    • Visitors by month
      8.2k
    • Avg Time on site
      17 min
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    1940 Cardinal Ln
    Faribault, MN 55021-7384
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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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