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 land
    • 2.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2739881
    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 land

    Property Details

    Lot size
    2.58 lot acres
    Property type
    Industrial land
    APN
    15.002.0420
    APU
    150020420

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairmont
    County
    Martin
    State
    Minnesota
    Longitude
    -94.5199
    Latitude
    43.6648
    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
    $246
    $22,200
    $0.00
    $22,200
    -
    $22,200
    $0.00
    $22,200

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      1125 Bixby Rd

      INDUSTRIAL - VACANT LAND • 0.23 Acres
      1125 Bixby Rd, Fairmont, MN 56031-1418
      View Details
    • Value Estimation by Request
      1.11 Acres

      305 Bridgeman St

      INDUSTRIAL - VACANT LAND • 1.11 Acres
      305 Bridgeman St, Fairmont, MN 56031-1477
      View Details
    • Value Estimation by Request
      1.48 Acres

      903 4th St

      INDUSTRIAL - VACANT LAND • 1.48 Acres
      903 4th St, Fairmont, MN 56031-4014
      View Details
    • Value Estimation by Request
      1.24 Acres

      905 4th St

      INDUSTRIAL - VACANT LAND • 1.24 Acres
      905 4th St, Fairmont, MN 56031-4014
      View Details
    • Value Estimation by Request
      0.04 Acres

      201 7th St

      INDUSTRIAL - VACANT LAND • 0.04 Acres
      201 7th St, Fairmont, MN 56031
      View Details
    • Value Estimation by Request
      2.47 Acres

      1329 8th St

      INDUSTRIAL - VACANT LAND • 2.47 Acres
      1329 8th St, Fairmont, MN 56031-3862
      View Details

    Similar Nearby for Sale

    • $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
    • $325,000
      0.99 Acres

      Fairmont Commercial Land - $325K

      Prime 0.99-acre commercial lot, ready for development.
      415 State St, Fairmont, MN 56031
      View Details
    • Contact for pricing
      1.47 Acres

      Fairmont, MN Commercial Land Parcel

      Prime Walmart Outlot, 1.47 Acres
      1250 Goemann Rd, Fairmont, MN 56031
      View Details
    • Contact for pricing

      Redevelopment Opportunity in High-Visibility Corridor

      0.74-acre commercial lot ready for redevelopment in Fairmont, MN.
      415 State St S, Fairmont, MN 56031
      View Details
    • Contact for pricing
      3 SF

      Prime Land Investment Opportunity

      3.59-acre commercial land with highway visibility in Fairmont, MN.
      N 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.