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    Property profile & analytics

    307 4th SW Ave New Prague, MN 56071-1305

    • Investment properties
    • 922 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US46-2235848
    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 307 4th SW Ave

    Year built
    1890
    Construction
    WOOD
    Lot size
    0.53 lot acres
    Property size
    922 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    23.003.0760
    APU
    230030760

    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 Prague
    County
    Le Sueur
    State
    Minnesota
    Longitude
    -93.5833
    Latitude
    44.5407
    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
    2022
    $3,570
    $72,200
    $171,700
    $243,900
    -
    $72,200
    $171,700
    $243,900

    Comparable in this City

    • Value Estimation
      $245,000
      1,866 SF

      28574 141st Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,866 SF
      28574 141st Ave, New Prague, MN 56071-4122
      View Details
    • Value Estimation by Request
      2,178 SF

      31686 171st Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,178 SF
      31686 171st Ave, New Prague, MN 56071-4505
      View Details
    • Value Estimation
      $285,000
      1,728 SF

      32510 211th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,728 SF
      32510 211th Ave, New Prague, MN 56071-4425
      View Details
    • Value Estimation
      $415,000
      1,500 SF

      20741 320th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      20741 320th St, New Prague, MN 56071-4530
      View Details
    • Value Estimation
      $235,000
      1,944 SF

      401 4th SW Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,944 SF
      401 4th SW Ave, New Prague, MN 56071-1307
      View Details
    • Value Estimation
      $220,000
      16,044 SF

      15258 Hidden Holw Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 16,044 SF
      15258 Hidden Holw Ln, New Prague, MN 56071-1536
      View Details

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    New Prague, MN 56071-1305
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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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