Property profile

907 State St Fairmont, MN 56031

OFF-MARKET
Commercial real estate
Property ID
US46-2196163
40,350 SF 5.27 ac lot Built 1979
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Construction CONCRETE
Total area 40,350 SF
Lot 5.27 ac (229,692 SF)
APN 23.093.0010
UPID US46-2196163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Bank Credit Union
  • Restaurant
  • Restaurant Take-out & Catering
  • (Bike/Boat/Book/etc) Store Florist

Location

907 State St Fairmont, MN 56031-4441
Fairmont metro Census 790600 FAIRMONT, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.27M
Blend (final) Blend
$5.19M

Owner & transaction history

since 2023
Last sale
$5.1M
1 recorded transaction
2023
$5.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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