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

    7 Main St Madelia, MN 56062-1435

    • Grocery and convenience stores
    • 13,640 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US46-1336361
    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

    • Sunshine Foods / Grocery Store

    Property Details for 7 Main St

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.90 lot acres
    Property size
    13,640 SF
    Property type
    Grocery and convenience stores
    APN
    17.326.0810
    APU
    173260810

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $545,000
      7%
      $490,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $605,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $555,000
      Mixed-Use
      $420,000
      Hospitality
      $530,000
      Educational
      $540,000
      Residential Income
      $455,000
      Energy
      $460,000
      Income-Based Land
      $520,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Madelia
    County
    Watonwan
    State
    Minnesota
    Longitude
    -94.4164
    Latitude
    44.0512

    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
    $18,446
    $21,400
    $568,800
    $590,200
    -
    $21,400
    $568,800
    $590,200

    Comparable in this City

    • Value Estimation
      $185,000
      2,842 SF

      208 Drew SE Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,842 SF
      208 Drew SE Ave, Madelia, MN 56062-1844
      View Details
    • Value Estimation
      $460,000
      9,100 SF

      515 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      515 Main St, Madelia, MN 56062-1915
      View Details
    • Value Estimation by Request
      2,400 SF

      25 1st NW St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      25 1st NW St, Madelia, MN 56062-1411
      View Details
    • Value Estimation by Request
      1,528 SF

      101 Ctr N Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,528 SF
      101 Ctr N Ave, Madelia, MN 56062-1429
      View Details
    • Value Estimation by Request
      676 SF

      406 Main St

      BARBER, HAIR SALON • 676 SF
      406 Main St, Madelia, MN 56062-1914
      View Details
    • Value Estimation by Request
      1,782 SF

      6 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,782 SF
      6 Main St, Madelia, MN 56062-1438
      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.
    7 Main St
    Madelia, MN 56062-1435
    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.