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    Property profile & analytics

    2009 Spg St New Ulm, MN 56073

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2023
    $40,000
    Location Intelligence
    Property ID
    US46-2074420
    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

    • Industrial properties

    Property Details for 2009 Spg St

    Zone code
    I2
    Property type
    Industrial properties
    APN
    001.603.001.03.033
    APU
    160300103033

    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
    -94.4773
    Latitude
    44.3354
    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
    $2,556
    $22,700
    $0.00
    $22,700
    -
    $22,700
    $0.00
    $22,700

    Comparable in this City

    • Value Estimation by Request

      New Ulm, MN 56073

      INDUSTRIAL (GENERAL)
      New Ulm, MN 56073
      View Details
    • Value Estimation by Request

      New Ulm, MN 56073

      INDUSTRIAL (GENERAL)
      New Ulm, MN 56073
      View Details
    • Value Estimation by Request

      New Ulm, MN 56073

      INDUSTRIAL (GENERAL)
      New Ulm, MN 56073
      View Details
    • Value Estimation by Request
      4.00 Acres

      New Ulm, MN 56073

      INDUSTRIAL (GENERAL) • 4.00 Acres
      New Ulm, MN 56073
      View Details
    • Value Estimation by Request
      0.34 Acres

      313 1st N St

      INDUSTRIAL (GENERAL) • 0.34 Acres
      313 1st N St, New Ulm, MN 56073
      View Details
    • Value Estimation by Request

      1801 German St

      INDUSTRIAL (GENERAL)
      1801 German 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
    • $325,000

      45 Acres of Land Available

      Land with gravel pit and tillable acreage for sale.
      225Th St, New Ulm, MN 56073
      View Details
    • $156,900
      1,567 SF

      New Ulm Duplex Investment

      Duplex in New Ulm, MN with tenant occupied units.
      623 N Broadway St, New Ulm, MN 56073
      View Details
    • New
      $460,000
      0.19 Acres

      New Ulm Apartment Building Investment

      12-unit apartment building with income and value-add potential.
      209 S Minnesota St, New Ulm, MN 56073
      View Details
    • $424,900
      0.09 Acres

      Mixed-Use Property in New Ulm

      Mixed-use property featuring commercial space and residential units.
      123 N Minnesota St N, 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

    Similar Nearby for Lease

    • $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
    • $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
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    2009 Spg St
    New Ulm, MN 56073
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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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