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    Property profile & analytics

    8407 County Rd 45 Medford, MN 55049-8011

    • Apartment buildings
    • 3,560 SF
    • 3.57 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 08, 2024
    Location Intelligence
    Property ID
    US46-2539675
    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

    • Apartment buildings

    Property Details for 8407 County Rd 45

    Year built
    1910
    Lot size
    3.57 lot acres
    Property size
    3,560 SF
    Property type
    Apartment buildings
    APN
    11-005-1103
    APU
    110051103

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Steele
    State
    Minnesota
    Longitude
    -93.2512
    Latitude
    44.1939
    CBSA code
    36940
    CBSA name
    OWATONNA, 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
    $2,462
    $72,000
    $124,200
    $196,200
    -
    $72,000
    $124,200
    $196,200

    Comparable in this City

    • Value Estimation
      $350,000
      1,625 SF

      308 2nd SE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,625 SF
      308 2nd SE Ave, Medford, MN 55049-9577
      View Details
    • Value Estimation
      $250,000
      1,714 SF

      217 1st NW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,714 SF
      217 1st NW St, Medford, MN 55049-9592
      View Details
    • Value Estimation
      $360,000
      3,400 SF

      506 Central W Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,400 SF
      506 Central W Ave, Medford, MN 55049-9579
      View Details
    • Value Estimation by Request
      70.86 Acres

      4100 66th St

      MOBILE HOME PARK, TRAILER PARK • 70.86 Acres
      4100 66th St, Medford, MN 55049-7005
      View Details
    • Value Estimation by Request

      404 1st SE Ave

      COMMERCIAL (GENERAL)
      404 1st SE Ave, Medford, MN 55049
      View Details
    • Value Estimation by Request

      223 Main St

      COMMERCIAL (GENERAL)
      223 Main St, Medford, MN 55049-9700
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Near I-35, Medford

      Land accessible and visible from I-35 near Medford.
      6150 W Frontage Rd, Medford, MN 55049
      View Details
    • $49,000
      0.49 Acres

      Residential Land in Medford, MN

      Residential land available in Medford, Minnesota.
      547 Woodland Trl, Medford, MN 55049
      View Details
    • $225,000
      Pending

      Industrial Land North of Medford

      Industrial building site ready to build near Medford, Minnesota.
      8516 Cabot Ave, Medford, MN 55049
      View Details
    • $349,000
      0.21 Acres

      Medford Commercial Day Care Opportunity

      Commercial property currently operating as a day care/school in Medford.
      118 S Main St, Medford, MN 55049
      View Details
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    8407 County Rd 45
    Medford, MN 55049-8011
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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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