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    Property profile & analytics

    224 Nicollet St Blue Earth, MN 56013-1245

    • Investment properties
    • 4,214 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Aug 05, 2021
    $82,500
    Location Intelligence
    Property ID
    US46-2129103
    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

    • Investment properties

    Property Details for 224 Nicollet St

    Lot size
    0.16 lot acres
    Property size
    4,214 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    21.200.6750
    APU
    212006750

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Blue Earth
    County
    Faribault
    State
    Minnesota
    Longitude
    -94.1036
    Latitude
    43.6404

    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
    2022
    $1,548
    $16,000
    $53,600
    $69,600
    -
    $16,000
    $53,600
    $69,600

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      113 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.03 Acres
      113 Main St, Blue Earth, MN 56013-2008
      View Details
    • Value Estimation
      $415,000
      10,136 SF

      904 1st St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,136 SF
      904 1st St, Blue Earth, MN 56013-1162
      View Details
    • Value Estimation
      $175,000
      0.04 Acres

      114 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.04 Acres
      114 Main St, Blue Earth, MN 56013-1937
      View Details
    • Value Estimation by Request
      0.20 Acres

      125 Grv St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.20 Acres
      125 Grv St, Blue Earth, MN 56013-2441
      View Details
    • Value Estimation by Request
      1,976 SF

      220 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,976 SF
      220 Main St, Blue Earth, MN 56013-2014
      View Details
    • Value Estimation
      $85,000
      1.00 Acre

      47417 110th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      47417 110th St, Blue Earth, MN 56013-7702
      View Details

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      Residential lots available in new Blue Earth development.
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      0.41 Acres

      Residential Land in Blue Earth

      Residential land available in Blue Earth, Minnesota.
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    • $800,000

      Versatile Commercial Building in Blue Earth

      Adaptable 5,500+ sq ft commercial building with many potential uses.
      311 S Nicollet St, Blue Earth, MN 56013
      View Details
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    224 Nicollet St
    Blue Earth, MN 56013-1245
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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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