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    Property profile & analytics

    1961 Cardinal Ln Ste A Faribault, MN 55021-4354

    • Office Properties & Spaces
    • 2,779 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US46-1421600
    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

    • Lowe-Fierke B PhD / Psychologist
    • KATE DUCHENE / Physical Therapist
    • Spencer Castillo / Physical Therapist / Practitioner Service Location
    • Megan Westling / Physical Therapist / Practitioner Service Location
    • Michelle Schulte-Wieber / Physical Therapist / Practitioner Service Location

    Property Details for 1961 Cardinal Ln Ste A

    Year built
    2007
    Lot size
    0.34 lot acres
    Property size
    2,779 SF
    Property type
    Office Properties & Spaces
    APN
    18.24.3.04.001
    APU
    1824304001

    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
    -93.2958
    Latitude
    44.3194
    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
    $7,196
    $75,100
    $239,000
    $314,100
    -
    $75,100
    $239,000
    $314,100

    Comparable in this City

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      OFFICE (GENERAL) • 239 SF
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      4,146 SF

      610 20th NW St

      OFFICE (GENERAL) • 4,146 SF
      610 20th NW St, Faribault, MN 55021-2310
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      3,047 SF

      128 3rd NW St

      OFFICE (GENERAL) • 3,047 SF
      128 3rd NW St, Faribault, MN 55021-5144
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      5,875 SF

      2125 Airport Dr

      OFFICE (GENERAL) • 5,875 SF
      2125 Airport Dr, Faribault, MN 55021-7798
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      2,000 SF

      1512 30th NW St

      OFFICE (GENERAL) • 2,000 SF
      1512 30th NW St, Faribault, MN 55021-1800
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    • Value Estimation by Request
      8,006 SF

      1980 30th NW St

      OFFICE (GENERAL) • 8,006 SF
      1980 30th NW St, Faribault, MN 55021-1846
      View Details

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    Similar Nearby for Lease

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      15,660 SF

      Faribault Industrial Warehouse Space

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      208,000 SF

      Faribault Industrial Park Land

      59 acre industrial park land available for lease.
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    • $4 SF/Yr
      30,000 SF

      Faribault Warehouse Space Available

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    • 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

    Property Visit Statistics

    • Visits by month
      12.1k
    • Visitors by month
      8.3k
    • Avg Time on site
      17 min
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    1961 Cardinal Ln Ste A
    Faribault, MN 55021-4354
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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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