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    2050 Airtech Dr Faribault, MN 55021-2700
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    Property profile & analytics

    2050 Airtech Dr, Faribault, MN 55021-2700

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    • Office Spaces
    • 3,620 SF
    • 14.56 lot acres
    Off-Market
    Property ID
    US46-1278446
    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.

    Value Estimations
    $965,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 2050 Airtech Dr

    Year built
    1994
    Lot size
    14.56 lot acres
    Property type
    Office Spaces
    APN
    18.24.2.27.003
    APU
    1824227003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 1, 2016 $18,000,000 Realty Income Properties 5 LLC Northern Tool & Equipment Co I Grant Deed —
    Feb 28, 2006 $67,150 Ifp INC Economic Dev Authority Of Fari Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $936,000
      Market price range: $464k - $936k
      AI Estimate
      $992,000
      Market price range: $230k - $993k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $585,000
      Current use
      WAREHOUSE, STORAGE
      $815,000
      Change: +40% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.2982
    Latitude
    44.326
    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
    $150,350
    $377,200
    $5,184,700
    $5,561,900
    -
    $377,200
    $5,184,700
    $5,561,900
    More about this property
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