Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    250 St John St Loretto, MN 55357

    • Industrial properties
    • 1.89 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $935,000
    Last Sale
    Oct 14, 2021
    $875,000
    Location Intelligence
    Property ID
    US46-0959018
    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

    • The Photo Loft / Photography Studio
    • JPrime Auto Sales / Car Dealer
    • Perfect Fit Cabinetry, Inc. / Cabinet Maker

    Property Details for 250 St John St

    Year built
    1987
    Construction
    WOOD
    Lot size
    1.89 lot acres
    Property type
    Industrial properties
    APN
    06-118-23-31-0033
    APU
    611823310033

    Description

    This exceptional Loretto, Minnesota property, located at 250 St John St, 55357, offers a unique blend of office and warehouse space. The building, constructed in 1987 and renovated in 2021, boasts a total of 23,074 square feet on a 1.89-acre lot. Currently, 2,807 square feet of upstairs space is available for lease. This inviting space features attractive wood floors, exposed beams, and exposed brick, creating a charming and creative atmosphere. The mezzanine level offers a unique layout with two mezzanines, one ideal for a private office. The main level provides flexible office and warehouse space options, complete with convenient dock and drive-in doors. The property also offers desirable amenities including 24/7 access, signage opportunities, and shared kitchen and restroom facilities. The available space is adaptable to various business needs, with sizes ranging from 2,000 to 5,000 square feet, allowing for customization to suit specific requirements. This property presents a rare opportunity to secure a versatile and well-appointed space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $935,000

    • CAP approach

      CAP return
      Estimation
      6%
      $875,000
      6.5%
      $890,000
      7%
      $955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $995,000
      Geo Method
      $830,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $1,080,000
      Mixed-Use
      $1,100,000
      Hospitality
      $845,000
      Educational
      $975,000
      Residential Income
      $1,080,000
      Energy
      $945,000
      Income-Based Land
      $860,000
      Food Service
      $890,000

    Location Insight

    • Map
    • Local Demand
    City
    Loretto
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.6384
    Latitude
    45.0554
    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
    $30,178
    $280,000
    $720,000
    $1,000,000
    -
    $280,000
    $720,000
    $1,000,000

    Comparable in this City

    • Value Estimation by Request
      1.73 Acres

      6415 Co N Rd, Unit 75

      INDUSTRIAL (GENERAL) • 1.73 Acres
      6415 Co N Rd, Loretto, MN 55357
      View Details
    • Value Estimation by Request
      5.98 Acres

      23350 County Rd 10

      INDUSTRIAL (GENERAL) • 5.98 Acres
      23350 County Rd 10, Loretto, MN 55357-9775
      View Details
    • Value Estimation by Request

      Loretto, MN 55357

      INDUSTRIAL (GENERAL)
      Loretto, MN 55357
      View Details
    • Value Estimation by Request
      7.00 Acres

      9350 County Rd 19

      INDUSTRIAL (GENERAL) • 7.00 Acres
      9350 County Rd 19, Loretto, MN 55357-9766
      View Details
    • Value Estimation
      $255,000
      2.52 Acres

      6415 Co N Rd, Unit 173

      INDUSTRIAL (GENERAL) • 2.52 Acres
      6415 Co N Rd, Loretto, MN 55357
      View Details
    • Value Estimation
      $260,000
      0.81 Acres

      7380 Cabinet Dr

      INDUSTRIAL (GENERAL) • 0.81 Acres
      7380 Cabinet Dr, Loretto, MN 55357-9607
      View Details

    Similar Nearby for Sale

    • $1,275,000
      13,200 SF

      Loretto Office Building For Sale

      13,200 SF single-tenant office building in Loretto, MN.
      669 N Medina St, Loretto, MN 55357
      View Details
    • $950,000
      0.88 Acres

      Commercial Property in Medina, MN

      Commercial property for sale in Medina, Minnesota, Hennepin County.
      4425 State Highway 55, Loretto, MN 55357
      View Details
    • $249,900
      2.49 Acres

      Wooded Land Near Downtown

      2.5 acres of wooded land, 30 minutes from downtown.
      7495 Fern Ct, Loretto, MN 55357
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      23,074 SF

      Loretto Warehouse Space Available

      Charming warehouse space, MN.
      250 St John St, Loretto, MN 55357
      View Details
    • $10 SF/Yr
      100 SF

      Office and Warehouse Space Available

      Office and warehouse spaces available in well-maintained building.
      4700 County Road 19, Loretto, MN 55357
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    250 St John St
    Loretto, MN 55357
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.