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    Property profile & analytics

    24 1st NE Ave Buffalo, MN 55313-1515

    • Retail space
    • 3,747 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US46-0732413
    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

    • Loberg Electric Inc / Electrician / Contractor
    • Greg's Barber Stylist / Barber Shop

    Property Details for 24 1st NE Ave

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property size
    3,747 SF
    Property type
    Retail space
    APN
    103-010-065090
    APU
    103010065090

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $165,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $155,000
      Retail
      $185,000
      Mixed-Use
      $160,000
      Hospitality
      $150,000
      Educational
      $175,000
      Residential Income
      $185,000
      Energy
      $185,000
      Income-Based Land
      $165,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Wright
    State
    Minnesota
    Longitude
    -93.8744
    Latitude
    45.1727
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
    $2,774
    $80,800
    $132,300
    $213,100
    -
    $80,800
    $132,300
    $213,100

    Comparable in this City

    • Value Estimation by Request
      7,000 SF

      1201 Commercial Dr

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      1201 Commercial Dr, Buffalo, MN 55313-1729
      View Details
    • Value Estimation
      $265,000
      2,471 SF

      32 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,471 SF
      32 Central Ave, Buffalo, MN 55313-1519
      View Details
    • Value Estimation
      $305,000
      2,744 SF

      114 Division E St

      RETAIL STORES (PERSONAL SERVICES) • 2,744 SF
      114 Division E St, Buffalo, MN 55313-1525
      View Details
    • Value Estimation
      $335,000
      10,190 SF

      11 Division E St

      RETAIL STORES (PERSONAL SERVICES) • 10,190 SF
      11 Division E St, Buffalo, MN 55313-2074
      View Details
    • Value Estimation
      $255,000
      3,800 SF

      6 Division E St

      RETAIL STORES (PERSONAL SERVICES) • 3,800 SF
      6 Division E St, Buffalo, MN 55313-1523
      View Details
    • Value Estimation by Request
      8,416 SF

      1214 Hwy 25th Nste1

      RETAIL STORES (PERSONAL SERVICES) • 8,416 SF
      1214 Hwy 25th Nste1, Buffalo, MN 55313-2082
      View Details

    Similar Nearby for Sale

    • $1,300,000
      Pending

      Downtown Buffalo Commercial Building For Sale

      Commercial building in downtown Buffalo with lake views and parking.
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    • $1,455,000
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      1101 Mn-25

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    • $285,000

      Land Near Crow River

      Wooded land with river access for hunting and recreation.
      50Th St SE, Buffalo, MN 55313
      View Details
    • New
      $295,000
      19.47 Acres

      Land Parcel in Buffalo, MN

      19.47-acre parcel ideal for farming or recreational use.
      Xxx Dempsey Ave NW, Buffalo, MN 55313
      View Details
    • $675,000
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      Warehouse Space on Highway 55

      13,000 SF warehouse between Rockford & Buffalo on Highway 55.
      5767 State Highway 55 SE, Buffalo, MN 55313
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    • $899,000
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      Development Land on Buffalo Lake

      12.12 acres of development land near Downtown Buffalo, Minnesota.
      Tbd Lk Blvd, Buffalo, MN 55313
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,450 SF

      Highway 55 Retail/Office Space

      New retail/office space with high visibility in Buffalo, MN.
      701 Highway 55, Buffalo, MN 55313
      View Details
    • $18 SF/Yr
      2,793 SF

      Restaurant Space with Full Bar

      Restaurant space for lease with full bar and kitchen.
      1006 Commercial Dr, Buffalo, MN 55313
      View Details
    • Contact for pricing
      1,600 SF

      Retail Spaces Available for Lease

      Retail spaces with highway visibility and ample parking.
      1221-1267 Highway 25, Buffalo, MN 55313
      View Details
    • $6 SF/Yr
      7,730 SF

      Buffalo Industrial Space Available

      7,730 SF industrial space for lease in Buffalo, MN.
      909 1St Ave NW, Buffalo, MN 55313
      View Details
    • $14 SF/Yr
      3,069 SF

      Office Space with Private Offices

      Office space featuring private offices, conference room, and reception area.
      311 10Th Ave S, Buffalo, MN 55313
      View Details
    • $18 SF/Yr
      1,000 SF

      Professional Office Space For Rent

      Convenient office space in central Buffalo with high visibility.
      300 Brighton Ave S, Buffalo, MN 55313
      View Details
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    24 1st NE Ave
    Buffalo, MN 55313-1515
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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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