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    Property profile & analytics

    908 Main St Adams, MN 55909-9776

    • Medical offices
    • 3,310 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Feb 14, 2025
    $185,224
    Location Intelligence
    Property ID
    US46-2567543
    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

    • Medical offices

    Property Details for 908 Main St

    Year built
    1950
    Lot size
    0.63 lot acres
    Property size
    3,310 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    21.018.0020
    APU
    210180020

    Description

    This exceptional 3,310 square foot office building presents a remarkable repurposing opportunity in Adams, Minnesota. Located on Highway 56/Shooting Star Scenic Byway, this well-maintained property enjoys high visibility and convenient access. The building is situated on a 0.627-acre lot, providing ample parking. Its versatile design makes it suitable for a variety of uses, including creative office space, medical offices, or traditional office settings. The asking price is $225,000, translating to $67.98 per square foot—a price point significantly below replacement cost. Its proximity to the Adams school system and downtown area adds to its appeal. The building's excellent condition and prime location make it an ideal investment for entrepreneurs, businesses, or investors seeking a profitable venture in a thriving community. This single-building property offers a unique chance to acquire a well-established space with significant potential for growth and adaptation to diverse business needs. Don't miss this chance to own a piece of Adams' vibrant commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $160,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $180,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $175,000
      Mixed-Use
      $140,000
      Hospitality
      $135,000
      Educational
      $155,000
      Residential Income
      $185,000
      Energy
      $165,000
      Income-Based Land
      $170,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Adams
    County
    Mower
    State
    Minnesota
    Longitude
    -92.7286
    Latitude
    43.5664
    CBSA code
    12380
    CBSA name
    AUSTIN, 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
    2022
    $3,128
    $26,400
    $106,200
    $132,600
    -
    $26,400
    $106,200
    $132,600

    Comparable in this City

    • Value Estimation
      $155,000
      952 SF

      407 6th St

      MEDICAL BUILDING • 952 SF
      407 6th St, Adams, MN 55909-9646
      View Details
    • Value Estimation by Request
      63,390 SF

      810 Main St

      HOMES (RETIRED, NURSING) • 63,390 SF
      810 Main St, Adams, MN 55909-9764
      View Details
    • Value Estimation by Request
      600 SF

      318 Main St

      OFFICE BUILDING • 600 SF
      318 Main St, Adams, MN 55909-9771
      View Details
    • Value Estimation by Request
      1,800 SF

      Commerce SW St

      OFFICE BUILDING • 1,800 SF
      Commerce SW St, Adams, MN 55909
      View Details
    • Value Estimation
      $200,000
      2,160 SF

      320 Main St

      PROFESSIONAL BUILDING • 2,160 SF
      320 Main St, Adams, MN 55909-9771
      View Details
    • Value Estimation by Request
      0.30 Acres

      Adams, MN 55909

      COMMERCIAL (GENERAL) • 0.30 Acres
      Adams, MN 55909
      View Details

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    Adams, MN 55909-9776
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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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