430 2nd NW Ave Faribault, MN 55021-5142
Property profile & analytics
430 2nd NW Ave, Faribault, MN 55021-5142
- Grocery and convenience stores
- 23,580 SF
- 2.50 lot acres
Property ID
US46-1142039
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.
Location Intelligence
Current Use by Public Records
- Jefferson Lines / Logistics Company / Trucking Company
- Central Park / Park / Tourist Attraction
- Fareway Spirits and More Store / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Sterling Pharmacy / Pharmacy
- Greyhound: Bus Stop / Logistics Company / Trucking Company
Property Details for 430 2nd NW Ave
- Year built
- 1978
- Lot size
- 2.50 lot acres
- Property type
- Grocery and convenience stores
- APN
- 18.31.1.26.214
- APU
- 1831126214
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 2, 2018 | $500 | City Of Faribault | Fareway Stores INC | Quit Claim Deed · related | — |
| May 15, 2012 | $2,350,000 | Fareway Stores INC | J & J Nelson Ents LP | Warranty Deed · related | — |
| Aug 4, 2006 | — | J Ents | — | Trustees Deed · related | $400k · State Bank |
| Jul 11, 2006 | — | J Enterpries | — | Trustees Deed · related | $400k · State Bank |
| — | — | J Ents | — | Deed Of Trust · related | $4M · State Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,699,000
- AI Estimate
- $2,485,000
Market price range: $1.47M - $3.49MMarket price range: $1.08M - $3.27M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,450,000 Current use
- COMMERCIAL (GENERAL)
- $3,815,000 Change: +56% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Faribault
- County
- Rice
- State
- Minnesota
- Longitude
- -93.2723
- Latitude
- 44.2953
- CBSA code
- 22060
- CBSA name
- FARIBAULT-NORTHFIELD, 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
2024
$69,568
$508,900
$2,091,700
$2,600,600
-
$508,900
$2,091,700
$2,600,600
