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

    38 Jefferson Dr Zumbrota, MN 55992-1002

    • Office buildings
    • 2,400 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Sep 28, 2023
    $130,000
    Location Intelligence
    Property ID
    US46-1477745
    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

    • Zumbrota Forage Lab / Laboratory
    • Cumberland Valley Analytical Services, Zumbrota, MN / Laboratory / Agricultural Service

    Property Details for 38 Jefferson Dr

    Year built
    1986
    Lot size
    1.86 lot acres
    Property size
    2,400 SF
    Property type
    Office buildings
    APN
    72.700.0330
    APU
    727000330

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Zumbrota
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.68
    Latitude
    44.2972
    CBSA code
    39860
    CBSA name
    RED WING, MN MICROPOLITAN 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
    $5,934
    $95,400
    $118,400
    $213,800
    -
    $95,400
    $118,400
    $213,800

    Comparable in this City

    • Value Estimation by Request
      10,726 SF

      1414 Northstar Dr

      OFFICE BUILDING • 10,726 SF
      1414 Northstar Dr, Zumbrota, MN 55992-1091
      View Details
    • Value Estimation
      $245,000
      1,800 SF

      267 5th St

      OFFICE BUILDING • 1,800 SF
      267 5th St, Zumbrota, MN 55992-1654
      View Details
    • Value Estimation
      $285,000
      2,826 SF

      1439 Main St

      OFFICE BUILDING • 2,826 SF
      1439 Main St, Zumbrota, MN 55992-1459
      View Details
    • Value Estimation
      $195,000
      1,716 SF

      80 4th St

      OFFICE BUILDING • 1,716 SF
      80 4th St, Zumbrota, MN 55992-1534
      View Details
    • Value Estimation
      $660,000
      26,360 SF

      1410 Northstar Dr

      OFFICE BUILDING • 26,360 SF
      1410 Northstar Dr, Zumbrota, MN 55992-1091
      View Details
    • Value Estimation
      $295,000
      2,184 SF

      671 1st St

      OFFICE BUILDING • 2,184 SF
      671 1st St, Zumbrota, MN 55992-1079
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.17 Acres

      Affordable Commercial Space in Zumbrota

      Commercial office or storage space for rent in downtown Zumbrota.
      276 S Main St, Zumbrota, MN 55992
      View Details
    • $799,000
      6,600 SF

      Versatile Warehouse Space on 1.53 Acres

      6,600 SF warehouse with office and freezer space for sale.
      16980 445Th St, Zumbrota, MN 55992
      View Details
    • $475,000
      7,522 SF

      Zumbrota School/Daycare Opportunity

      Turn-key school/daycare facility with redevelopment potential in Zumbrota, MN.
      223 5Th St E, Zumbrota, MN 55992
      View Details
    • $394,900
      0.16 Acres

      Commercial Property with Expansion Potential

      Corner lot with multiple rental opportunities in Zumbrota, Minnesota.
      224 S Main St, Zumbrota, MN 55992
      View Details
    • $495,000
      3,096 SF

      Turnkey Restaurant with Apartment Included

      Established restaurant with equipment, assets, and one-bedroom apartment.
      256 S Main St, Zumbrota, MN 55992
      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.
    38 Jefferson Dr
    Zumbrota, MN 55992-1002
    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.