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    Property profile & analytics

    Loretto, MN 55357

    • Commercial land
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 23, 2021
    Location Intelligence
    Property ID
    US46-1219202
    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 land

    Property Details

    Lot size
    0.15 lot acres
    Property type
    Commercial land
    APN
    06-118-23-34-0032
    APU
    611823340032

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Loretto
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.6357
    Latitude
    45.0546
    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
    $779
    $39,000
    $0.00
    $39,000
    -
    $39,000
    $0.00
    $39,000

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      200 Medina St

      VACANT COMMERCIAL LAND • 0.19 Acres
      200 Medina St, Loretto, MN 55357-4534
      View Details
    • Value Estimation by Request
      0.25 Acres

      150 Medina St

      VACANT COMMERCIAL LAND • 0.25 Acres
      150 Medina St, Loretto, MN 55357-4557
      View Details
    • Value Estimation by Request
      1.24 Acres

      679 Medina St

      VACANT COMMERCIAL LAND • 1.24 Acres
      679 Medina St, Loretto, MN 55357-9595
      View Details
    • Value Estimation by Request
      0.03 Acres

      6430 County Rd 19

      VACANT COMMERCIAL LAND • 0.03 Acres
      6430 County Rd 19, Loretto, MN 55357-9768
      View Details
    • Value Estimation by Request
      80.02 Acres

      23850 County Rd 50

      VACANT COMMERCIAL LAND • 1,601 SF
      23850 County Rd 50, Loretto, MN 55357-9758
      View Details
    • Value Estimation by Request
      0.83 Acres

      445 Edgewood Dr

      VACANT COMMERCIAL LAND • 0.83 Acres
      445 Edgewood Dr, Loretto, MN 55357-9546
      View Details

    Similar Nearby for Sale

    • $249,900
      2.49 Acres

      Wooded Land Near Downtown

      2.5 acres of wooded land, 30 minutes from downtown.
      7495 Fern Ct, Loretto, MN 55357
      View Details
    • $1,275,000
      13,200 SF

      Loretto Office Building For Sale

      13,200 SF single-tenant office building in Loretto, MN.
      669 N Medina St, Loretto, MN 55357
      View Details
    • $950,000
      0.88 Acres

      Commercial Property in Medina, MN

      Commercial property for sale in Medina, Minnesota, Hennepin County.
      4425 State Highway 55, Loretto, MN 55357
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      100 SF

      Office and Warehouse Space Available

      Office and warehouse spaces available in well-maintained building.
      4700 County Road 19, Loretto, MN 55357
      View Details
    • $6 SF/Yr
      23,074 SF

      Loretto Warehouse Space Available

      Charming warehouse space, MN.
      250 St John St, Loretto, MN 55357
      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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