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    516 Water S St Northfield, MN 55057-2062
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    Property profile & analytics

    516 Water S St, Northfield, MN 55057-2062

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    • Grocery and convenience stores
    • 10,000 SF
    • 0.41 lot acres
    Off-Market
    Property ID
    US46-1275060
    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.

    Value Estimations
    $710,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 516 Water S St

    Year built
    1960
    Lot size
    0.41 lot acres
    Property type
    Grocery and convenience stores
    APN
    22.01.1.00.020
    APU
    2201100020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 23, 2026 $1,452,500 Justice Food Properties LLC Northfield Development Company Warranty Deed $2.1M · Premier Bank
    Jul 6, 2020 — Just Food Northfield Cmnty Co — Deed · related $1.9M · Self-help Cu
    Jun 18, 2020 — Northfield Dev Co — Deed · related $620k · Midwestone Bk
    May 3, 2004 $450,000 Joseph M Heinen Clem El Corp Warranty Deed —
    May 3, 2004 $480,100 Northfield Dev Co Lubbers,glenn Warranty Deed · related $390k · Castle Rock Bank
    — — Northfield Dev Co — Deed Of Trust · related $660k · Central Bk
    — — Just Food Northfield Cmnty Co — Deed Of Trust · related $1.9M · Self-help Cu
    — — Northfield Dev Co — Loan Modification · related $620k · Midwestone Bk
    — — Northfield Dev Co — Loan Modification · related —
    — — Northfield Dev Co — Loan Modification · related $214k · Castle Rock Bk
    — — Northfield Dev Co — Deed Of Trust · related $60k · Castle Rock Bank
    — — Northfield Dev Co — Deed Of Trust · related $200k · Castle Rock Bank
    — — Northfield Dev Co — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $637,000
      Market price range: $637k - $1.98M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Rice
    State
    Minnesota
    Longitude
    -93.1622
    Latitude
    44.4544
    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
    $24,624
    $249,100
    $531,400
    $780,500
    -
    $249,100
    $531,400
    $780,500
    More about this property
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