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

    320 Chelsea Rd Monticello, MN 55362-7911

    • Outlet malls
    • 165,248 SF
    • 28.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 17, 2020
    $20,830,000
    Location Intelligence
    Property ID
    US46-2889334
    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

    • Primo Water Exchange / Bottled Water Supplier
    • Fleet Farm / Gun Shop / Hunting And Fishing Store
    • Fleet Farm Auto Service Center / Tire Shop / Brake Shop

    Property Details for 320 Chelsea Rd

    Year built
    2016
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    28.50 lot acres
    Property size
    165,248 SF
    Property type
    Outlet malls
    APN
    155-241-001010
    APU
    155241001010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wright
    State
    Minnesota
    Longitude
    -93.7824
    Latitude
    45.2903
    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
    $264,864
    $5,762,000
    $5,734,200
    $11,496,200
    -
    $5,762,000
    $5,734,200
    $11,496,200

    Comparable in this City

    • Value Estimation by Request
      5,190 SF

      1125 Cedar St

      SHOPPING CENTER, STRIP CENTER • 5,190 SF
      1125 Cedar St, Monticello, MN 55362-4663
      View Details
    • Value Estimation
      $3,120,000
      26,828 SF

      542 Cedar St

      SHOPPING CENTER, STRIP CENTER • 26,828 SF
      542 Cedar St, Monticello, MN 55362-8403
      View Details
    • Value Estimation
      $4,890,000
      11,520 SF

      1523 7th St

      SHOPPING CENTER, STRIP CENTER • 11,520 SF
      1523 7th St, Monticello, MN 55362-4674
      View Details
    • Value Estimation by Request
      23,556 SF

      1220 Hwy 25th S

      SHOPPING CENTER, STRIP CENTER • 23,556 SF
      1220 Hwy 25th S, Monticello, MN 55362-4577
      View Details
    • Value Estimation
      $1,295,000
      10,044 SF

      609 Locust St

      SHOPPING CENTER, STRIP CENTER • 10,044 SF
      609 Locust St, Monticello, MN 55362-8857
      View Details
    • Value Estimation by Request
      4,372 SF

      1113 Cedar St

      SHOPPING CENTER, STRIP CENTER • 4,372 SF
      1113 Cedar St, Monticello, MN 55362-4414
      View Details

    Similar Nearby for Sale

    • $2,950,000
      36,000 SF

      Monticello Retail Center - Prime Location

      High-traffic retail space, excellent visibility.
      133 Sandberg Rd, Monticello, MN 55362
      View Details
    • $2,250,000
      2.10 Acres

      Monticello Commercial Property For Sale

      36,000 SF commercial building on 2.1 acres near I-94.
      133 Sandberg Rd, Monticello, MN 55362
      View Details
    • $569,000
      4,000 SF

      Monticello Retail Building on Broadway

      4,000 SF retail building on 1.01 acre lot.
      1549 Broadway St E, Monticello, MN 55362
      View Details
    • $279,999
      10.00 Acres

      Acreage Parcel with Lake Views

      Large, wooded 10-acre lot with potential lake views.
      B2/L1 Baker Ave NW, Monticello, MN 55362
      View Details
    • $750,000
      3,150 SF

      Monticello Mixed-Use Commercial Building

      Versatile industrial/commercial space with high potential.
      111 Thomas Park Dr, Monticello, MN 55362
      View Details
    • $299,900
      1,140 SF

      Monticello Commercial Building - $299,900

      Prime Monticello location, leased commercial building.
      731 Broadway St, Monticello, MN 55362
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,200 SF

      Retail Space Near Highway 25

      Retail space with highway access and visibility.
      9221-9261 Cedar St, Monticello, MN 55362
      View Details
    • Contact for pricing
      9,571 SF

      Monticello Restaurant Space Available

      Restaurant space with commercial kitchen in Monticello, Minnesota.
      500-560 Cedar St, Monticello, MN 55362
      View Details
    • Contact for pricing
      1,500 SF

      Prime Monticello Retail Space

      1,500 SF Retail Space - For Lease
      112 Broadway St, Monticello, MN 55362
      View Details
    • $12 SF/Yr
      1,545 SF

      Downtown Monticello Retail Space

      Prime retail space in downtown Monticello with convenient highway access.
      609-621 Locust St, Monticello, MN 55362
      View Details
    • Contact for pricing
      5,801 SF

      Monticello Build-to-Suit Opportunity

      5,801 SF build-to-suit with drive-thru potential in Monticello.
      9766 Fallon Ave, Monticello, MN 55362
      View Details
    • $12 SF/Yr
      1,500 SF

      Monticello Office Space For Rent

      Second-level office space with ample parking and central HVAC.
      113 Locust St, Monticello, MN 55362
      View Details

    Property Visit Statistics

    • Visits by month
      62.5k
    • Visitors by month
      47.2k
    • Avg Time on site
      35 min
    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.
    320 Chelsea Rd
    Monticello, MN 55362-7911
    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.