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    Property profile & analytics

    Northfield, MN 55057

    • Apartment buildings
    • 1.96 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 05, 2025
    Location Intelligence
    Property ID
    US46-1728487
    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
    1.96 lot acres
    Property type
    Apartment buildings
    APN
    22.36.2.27.004
    APU
    2236227004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Rice
    State
    Minnesota
    Longitude
    -93.1803
    Latitude
    44.4688
    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
    $1,588
    $85,400
    $0.00
    $85,400
    -
    $85,400
    $0.00
    $85,400

    Comparable in this City

    • Value Estimation
      $1,650,000
      5,591 SF

      2501 Jefferson Rd

      APARTMENT HOUSE (5+ UNITS) • 5,591 SF
      2501 Jefferson Rd, Northfield, MN 55057-3448
      View Details
    • Value Estimation
      $410,000
      0.59 Acres

      118 Water N St

      APARTMENT HOUSE (5+ UNITS) • 0.59 Acres
      118 Water N St, Northfield, MN 55057-2022
      View Details
    • Value Estimation by Request
      0.20 Acres

      Northfield, MN 55057

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
      Northfield, MN 55057
      View Details
    • Value Estimation by Request
      1,340 SF

      529 Woodley W St

      APARTMENT HOUSE (5+ UNITS) • 1,340 SF
      529 Woodley W St, Northfield, MN 55057-2747
      View Details
    • Value Estimation by Request
      20,121 SF

      812 Linden N St

      APARTMENT HOUSE (5+ UNITS) • 20,121 SF
      812 Linden N St, Northfield, MN 55057-1340
      View Details
    • Value Estimation by Request
      9,827 SF

      931 Cannon Vly W Dr

      APARTMENT HOUSE (5+ UNITS) • 9,827 SF
      931 Cannon Vly W Dr, Northfield, MN 55057-1301
      View Details

    Similar Nearby for Sale

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      Custom townhome with main floor living in Northfield, MN.
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      Main Floor Living Townhome

      Custom-designed townhome with main floor living and association-maintained landscaping.
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    • $485,000

      Sun-Filled Townhome in Spring Creek

      Two-bedroom, two-bath detached townhome with main floor living.
      2015 Erie Dr, Northfield, MN 55057
      View Details
    • $129,000

      55+ Condo with Courtyard View

      One-bedroom condo in a vibrant 55+ community with many amenities.
      1000 Cannon Valley Dr, Northfield, MN 55057
      View Details
    • $549,000

      Land Available in Northfield, MN

      Land for sale at 440 Water St N, Northfield, MN.
      440 Water St N, Northfield, MN 55057
      View Details
    • $740,000
      2,970 SF

      Northfield Commercial Building Opportunity

      Prime Location, High Potential, Two Buildings
      528 Division St, Northfield, MN 55057
      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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