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    Property profile & analytics

    Faribault, MN 55021

    • Apartment buildings
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1249074
    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

    • Apartment buildings

    Property Details

    Lot size
    1.26 lot acres
    Property type
    Apartment buildings
    APN
    18.01.2.04.001
    APU
    1801204001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.2945
    Latitude
    44.2807
    CBSA code
    22060
    CBSA name
    FARIBAULT-NORTHFIELD, 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
    2024
    $11,022
    $126,500
    $0.00
    $126,500
    -
    $126,500
    $0.00
    $126,500

    Comparable in this City

    • Value Estimation by Request
      3.60 Acres

      1760 Willow St

      APARTMENT HOUSE (5+ UNITS) • 3.60 Acres
      1760 Willow St, Faribault, MN 55021-6279
      View Details
    • Value Estimation by Request
      2.06 Acres

      Faribault, MN 55021

      APARTMENT HOUSE (5+ UNITS) • 2.06 Acres
      Faribault, MN 55021
      View Details
    • Value Estimation
      $255,000
      2.74 Acres

      Faribault, MN 55021

      APARTMENT HOUSE (5+ UNITS) • 2.74 Acres
      Faribault, MN 55021
      View Details
    • Value Estimation
      $8,715,000
      1.00 Acre

      Faribault, MN 55021

      APARTMENT HOUSE (5+ UNITS) • 1.00 Acre
      Faribault, MN 55021
      View Details
    • Value Estimation by Request
      14,874 SF

      41 Brand Ave

      APARTMENT HOUSE (5+ UNITS) • 14,874 SF
      41 Brand Ave, Faribault, MN 55021-6458
      View Details
    • Value Estimation by Request
      9,216 SF

      935 Spg Rd

      APARTMENT HOUSE (5+ UNITS) • 9,216 SF
      935 Spg Rd, Faribault, MN 55021-6975
      View Details

    Similar Nearby for Sale

    • $450,000
      4,781 SF

      Faribault 5-Unit Apartment Building

      Historic Charm, Prime Location, Strong Rental Income
      520 Ravine St, Faribault, MN 55021
      View Details
    • $319,000
      0.25 Acres

      Mixed-Use Building in Downtown Faribault

      Mixed-use property with commercial spaces and residential potential in Faribault.
      12 3Rd St NE, Faribault, MN 55021
      View Details
    • $260,000
      0.08 Acres

      Iconic Downtown Building: Blank Slate

      Historic building in Faribault's Main Street, ready for vision.
      313 Central Ave N, Faribault, MN 55021
      View Details
    • $299,000
      0.06 Acres

      Iconic Corner Building on Central Avenue

      Historic gem in Faribault's vibrant downtown, overflowing with potential.
      329 Central Ave N, Faribault, MN 55021
      View Details
    • $399,000

      Faribault Mixed-Use Investment Opportunity

      Mixed-use property in downtown Faribault with income and development potential.
      14/16 3Rd St NE, Faribault, MN 55021
      View Details
    • $1,800,000
      1.17 Acres

      Faribault Residential Development Land

      1.17-acre residential lot, prime location.
      818 4Th St, Faribault, MN 55021
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      208,000 SF

      Faribault Industrial Park Land

      59 acre industrial park land available for lease.
      170Th St W, Faribault, MN 55021
      View Details
    • $4 SF/Yr
      30,000 SF

      Faribault Warehouse Space Available

      30,000 square foot warehouse space for rent in Faribault.
      128 15Th St NW, Faribault, MN 55021
      View Details
    • Contact for pricing
      934 SF

      Retail Space in Faribault, MN

      Retail space available in Faribault, Minnesota with ample parking.
      300 Western Ave, Faribault, MN 55021
      View Details
    • $14,400 /Mo
      15,660 SF

      Faribault Industrial Warehouse Space

      15,660 SF Warehouse, Office Space Available
      2800 1St Ave, Faribault, MN 55021
      View Details
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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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