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    Property profile & analytics

    9766 Fallon Ave Monticello, MN 55362

    • Office buildings
    • 19,255 SF
    • 3.15 lot acres
    For Lease
    View listing
    Value Estimation
    $1,615,000
    Last Sale
    Apr 21, 2020
    $1,650,000
    Location Intelligence
    Property ID
    US46-0308455
    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

    • GO Mortgage - Monticello / Financial Institution / Mortgage Lender
    • CLA (CliftonLarsonAllen) / Financial Audit / Tax Preparation
    • Kelsey Strub / Physician Assistant
    • Jessica Steinmetz / Marriage Or Relationship Counselor
    • Hospice of the Midwest - Monticello / Hospice

    Property Details for 9766 Fallon Ave

    Year built
    2005
    Construction
    WOOD
    Lot size
    3.15 lot acres
    Property size
    19,255 SF
    Property type
    Office buildings
    APN
    155-131-001010
    APU
    155131001010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,465,000
      6.5%
      $1,575,000
      7%
      $1,555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,925,000
      Geo Method
      $1,730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,750,000
      Retail
      $1,845,000
      Mixed-Use
      $1,500,000
      Hospitality
      $1,705,000
      Educational
      $1,590,000
      Residential Income
      $1,370,000
      Energy
      $1,375,000
      Income-Based Land
      $1,475,000
      Food Service
      $1,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wright
    State
    Minnesota
    Longitude
    -93.785
    Latitude
    45.2928
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
    $39,234
    $412,200
    $1,585,600
    $1,997,800
    -
    $412,200
    $1,585,600
    $1,997,800

    Comparable in this City

    • Value Estimation by Request
      3,727 SF

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      OFFICE BUILDING • 3,727 SF
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    • Value Estimation
      $295,000
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      142 Broadway St

      OFFICE BUILDING • 2,266 SF
      142 Broadway St, Monticello, MN 55362-9351
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    • Value Estimation
      $350,000
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      141 Broadway St

      OFFICE BUILDING • 7,680 SF
      141 Broadway St, Monticello, MN 55362-9322
      View Details
    • Value Estimation by Request
      22,968 SF

      9950 73rd NE St

      OFFICE BUILDING • 22,968 SF
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    • Value Estimation
      $1,005,000
      6,820 SF

      204 3rd St

      OFFICE BUILDING • 6,820 SF
      204 3rd St, Monticello, MN 55362-8793
      View Details
    • Value Estimation
      $680,000
      9,994 SF

      1206 Cedar St

      OFFICE BUILDING • 9,994 SF
      1206 Cedar St, Monticello, MN 55362-8913
      View Details

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    • New
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    Similar Nearby for Lease

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      Monticello Office Space for Rent

      Office space available for rent in Monticello, Minnesota.
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    • Contact for pricing
      5,801 SF

      Monticello Build-to-Suit Opportunity

      5,801 SF build-to-suit with drive-thru potential in Monticello.
      9766 Fallon Ave, Monticello, MN 55362
      View Details
    • $20 SF/Yr
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      Monticello Office Space For Rent

      Office space available for lease in Monticello, Minnesota.
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      View Details
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    Monticello, MN 55362
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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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