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    Property profile & analytics

    Heron Lake, MN 56137

    • Commercial real estate
    • 4,800 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2987351
    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

    • Commercial real estate

    Property Details

    Year built
    1976
    Property size
    4,800 SF
    Property type
    Commercial real estate
    APN
    22.200.1440
    APU
    222001440

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Heron Lake
    County
    Jackson
    State
    Minnesota
    Longitude
    -95.3226
    Latitude
    43.7964

    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
    $442
    $2,100
    $23,000
    $25,100
    -
    $2,100
    $23,000
    $25,100

    Comparable in this City

    • Value Estimation by Request
      1,424 SF

      122 10th St

      COMMERCIAL (GENERAL) • 1,424 SF
      122 10th St, Heron Lake, MN 56137
      View Details
    • Value Estimation by Request
      8,496 SF

      112 10th NW St

      COMMERCIAL (GENERAL) • 8,496 SF
      112 10th NW St, Heron Lake, MN 56137
      View Details
    • Value Estimation by Request
      44,687 SF

      321 Stearns Ave

      COMMERCIAL (GENERAL) • 44,687 SF
      321 Stearns Ave, Heron Lake, MN 56137-4061
      View Details
    • Value Estimation
      $405,000
      0.78 Acres

      Heron Lake, MN 56137

      COMMERCIAL (GENERAL) • 0.78 Acres
      Heron Lake, MN 56137
      View Details
    • Value Estimation
      $465,000
      72,000 SF

      Heron Lake, MN 56137

      COMMERCIAL (GENERAL) • 72,000 SF
      Heron Lake, MN 56137
      View Details
    • Value Estimation by Request

      Heron Lake, MN 56137

      COMMERCIAL (GENERAL)
      Heron Lake, MN 56137
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.41 Acres

      Residential Lot in Heron Lake

      Residential lot available in Heron Lake's newest development.
      8 Lakeview Ct, Heron Lake, MN 56137
      View Details
    • Contact for pricing
      0.60 Acres

      Residential Lot in Heron Lake

      Residential lot available in Heron Lake's newest development.
      6 Lakeview Ct, Heron Lake, MN 56137
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    • Contact for pricing
      0.41 Acres

      Residential Lot in Heron Lake

      Residential lot available in Heron Lake's newest development.
      7 Lakeview Ct, Heron Lake, MN 56137
      View Details
    • Contact for pricing
      0.41 Acres

      Residential Lot in Heron Lake

      Residential lot available in Heron Lake's newest development.
      3 Lakeview Ct, Heron Lake, MN 56137
      View Details
    • Contact for pricing
      0.40 Acres

      Residential Lot in Heron Lake

      Residential lot available in Heron Lake's newest development.
      5 Lakeview Ct, Heron Lake, MN 56137
      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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