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    Property profile & analytics

    3860 County Rd 40th NW Garfield, MN 56332-8374

    • Warehouses
    • 14,100 SF
    • 2.92 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 14, 2023
    Location Intelligence
    Property ID
    US46-1928620
    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

    • Warehouses

    Property Details for 3860 County Rd 40th NW

    Year built
    2014
    Lot size
    2.92 lot acres
    Property size
    14,100 SF
    Property type
    Warehouses
    APN
    78-0001-050
    APU
    780001050

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Garfield
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.4951
    Latitude
    45.9324
    CBSA code
    10820
    CBSA name
    ALEXANDRIA, 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
    $23,816
    $49,500
    $851,900
    $901,400
    -
    $49,500
    $851,900
    $901,400

    Comparable in this City

    • Value Estimation by Request
      18,400 SF

      7390 County Rd 82nd NW

      WAREHOUSE, STORAGE • 18,400 SF
      7390 County Rd 82nd NW, Garfield, MN 56332-8303
      View Details
    • Value Estimation by Request
      3,200 SF

      116 Sanstead W St

      WAREHOUSE, STORAGE • 3,200 SF
      116 Sanstead W St, Garfield, MN 56332
      View Details
    • Value Estimation
      $195,000
      5,000 SF

      201 Sanstead W St

      MINI-WAREHOUSE, STORAGE • 5,000 SF
      201 Sanstead W St, Garfield, MN 56332
      View Details
    • Value Estimation by Request
      0.02 Acres

      Garfield, MN 56332

      WASTE DISPOSAL, SEWAGE • 0.02 Acres
      Garfield, MN 56332
      View Details
    • Value Estimation
      $625,000
      34,320 SF

      4179 County Rd 40th NW

      LIGHT INDUSTRIAL • 34,320 SF
      4179 County Rd 40th NW, Garfield, MN 56332-8361
      View Details
    • Value Estimation
      $460,000
      13,440 SF

      3989 County Rd 40th NW

      LIGHT INDUSTRIAL • 13,440 SF
      3989 County Rd 40th NW, Garfield, MN 56332-8359
      View Details

    Similar Nearby for Sale

    • $164,900
      Pending

      Land with New Shed in Garfield

      2.5 acres with new 30x50 shed near Alexandria, Minnesota.
      Tbd Tasha Dr, Garfield, MN 56332
      View Details
    • $703,500
      105.47 Acres

      Productive Land in Douglas County

      Income-producing land with tillable soil and development possibilities.
      Xxx Co Rd 22, Garfield, MN 56332
      View Details
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    3860 County Rd 40th NW
    Garfield, MN 56332-8374
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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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