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    Property profile & analytics

    341 7th S St Albany, MN 56307-9452

    • Commercial real estate
    • 1,224 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    May 25, 2021
    $155,000
    Location Intelligence
    Property ID
    US46-1356501
    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

    • Salon Progressive / Beauty Salon
    • City Laundry / Laundry

    Property Details for 341 7th S St

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    1,224 SF
    Property type
    Commercial real estate
    APN
    40.25060.0002
    APU
    40250600002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.5735
    Latitude
    45.6277
    CBSA code
    41060
    CBSA name
    ST. CLOUD, MN 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
    $2,742
    $52,300
    $90,600
    $142,900
    -
    $52,300
    $90,600
    $142,900

    Comparable in this City

    • Value Estimation by Request
      11,676 SF

      500 13th St

      COMMERCIAL (GENERAL) • 11,676 SF
      500 13th St, Albany, MN 56307-6401
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    • Value Estimation by Request
      1,600 SF

      34650 225th Ave

      COMMERCIAL (GENERAL) • 1,600 SF
      34650 225th Ave, Albany, MN 56307-8701
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    • Value Estimation by Request
      656 SF

      1121 County Rd 10

      COMMERCIAL (GENERAL) • 656 SF
      1121 County Rd 10, Albany, MN 56307-8727
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    • Value Estimation by Request
      2,721 SF

      790 County Rd 41

      COMMERCIAL (GENERAL) • 2,721 SF
      790 County Rd 41, Albany, MN 56307-8741
      View Details
    • Value Estimation by Request
      4,600 SF

      201 Railroad Ave

      COMMERCIAL (GENERAL) • 4,600 SF
      201 Railroad Ave, Albany, MN 56307
      View Details
    • Value Estimation
      $210,000
      1.25 Acres

      Albany, MN 56307

      COMMERCIAL (GENERAL) • 1.25 Acres
      Albany, MN 56307
      View Details

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    341 7th S St
    Albany, MN 56307-9452
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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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