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

    Fairmont, MN 56031

    • Industrial properties
    • 10.25 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US46-2282018
    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

    • Industrial properties

    Property Details

    Year built
    2019
    Lot size
    10.25 lot acres
    Property type
    Industrial properties
    APN
    23.037.0197
    APU
    230370197

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $455,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $515,000
      Mixed-Use
      $470,000
      Hospitality
      $410,000
      Educational
      $535,000
      Residential Income
      $495,000
      Energy
      $570,000
      Income-Based Land
      $480,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Fairmont
    County
    Martin
    State
    Minnesota
    Longitude
    -94.4915
    Latitude
    43.6712
    CBSA code
    21860
    CBSA name
    FAIRMONT, 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
    $19,468
    $281,300
    $223,700
    $505,000
    -
    $281,300
    $223,700
    $505,000

    Comparable in this City

    • Value Estimation by Request
      1,218 SF

      1005 Bixby Rd

      INDUSTRIAL (GENERAL) • 1,218 SF
      1005 Bixby Rd, Fairmont, MN 56031-1416
      View Details
    • Value Estimation by Request
      4,900 SF

      601 Elm St

      INDUSTRIAL (GENERAL) • 4,900 SF
      601 Elm St, Fairmont, MN 56031-2747
      View Details
    • Value Estimation by Request
      3,600 SF

      905 Winnebago Ave

      INDUSTRIAL (GENERAL) • 3,600 SF
      905 Winnebago Ave, Fairmont, MN 56031
      View Details
    • Value Estimation by Request
      7,638 SF

      1833 130th St

      INDUSTRIAL (GENERAL) • 7,638 SF
      1833 130th St, Fairmont, MN 56031-1329
      View Details
    • Value Estimation by Request
      4,620 SF

      1001 Timberlake Rd

      INDUSTRIAL (GENERAL) • 4,620 SF
      1001 Timberlake Rd, Fairmont, MN 56031-1447
      View Details
    • Value Estimation by Request
      3.29 Acres

      810 Timberlake Rd

      INDUSTRIAL (GENERAL) • 3.29 Acres
      810 Timberlake Rd, Fairmont, MN 56031
      View Details

    Similar Nearby for Sale

    • $220,000
      1,960 SF

      Fairmont, MN Industrial Condos

      New Shop Condos, Flexible Sizes
      700 Armstrong Dr, Fairmont, MN 56031
      View Details
    • $1,350,000
      13,968 SF

      Five Industrial Warehouses For Sale

      Five recently built industrial warehouses in thriving industrial park.
      1131 Indus St, Fairmont, MN 56031
      View Details
    • $220,000
      1,920 SF

      Fairmont Shop Condos: Prime Location

      Flexible Commercial/Personal Space
      700 Armstrong Dr, Fairmont, MN 56031
      View Details
    • $240,000

      Commercial Land on Highway 90

      1.47 acres of commercial land with highway access.
      1250 Goemann Rd, Fairmont, MN 56031
      View Details
    • Contact for pricing

      Prime Land I-90 Frontage

      2.36-acre commercial land with high visibility on I-90.
      & I-90 N State St, Fairmont, MN 56031
      View Details
    • $365,000
      4,600 SF

      Fairmont Commercial Building & Land

      Prime Location, Multi-Use Potential, High Visibility
      411 State St, Fairmont, MN 56031
      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.
    Fairmont, MN 56031
    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.