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    Property profile & analytics

    Springfield, MN 56087

    • Warehouses
    • 1,440 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 16, 2021
    Location Intelligence
    Property ID
    US46-2076134
    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

    • Warehouses

    Property Details

    Year built
    1920
    Lot size
    0.22 lot acres
    Property size
    1,440 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    003.010.019.05.038
    APU
    301001905038

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Brown
    State
    Minnesota
    Longitude
    -94.9763
    Latitude
    44.2376
    CBSA code
    35580
    CBSA name
    NEW ULM, 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
    2023
    $182
    $2,200
    $3,700
    $5,900
    -
    $2,200
    $3,700
    $5,900

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      24 Cass Ave

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      24 Cass Ave, Springfield, MN 56087-1515
      View Details
    • Value Estimation
      $110,000
      4,832 SF

      25 Central St

      MINI-WAREHOUSE, STORAGE • 4,832 SF
      25 Central St, Springfield, MN 56087-1401
      View Details
    • Value Estimation by Request
      2,040 SF

      118 Rock St

      MINI-WAREHOUSE, STORAGE • 2,040 SF
      118 Rock St, Springfield, MN 56087-1315
      View Details
    • Value Estimation by Request
      3,600 SF

      123 Spg Ave

      MINI-WAREHOUSE, STORAGE • 3,600 SF
      123 Spg Ave, Springfield, MN 56087
      View Details
    • Value Estimation by Request
      4,500 SF

      604 County Rd 5th 5

      MINI-WAREHOUSE, STORAGE • 4,500 SF
      604 County Rd 5th 5, Springfield, MN 56087-2113
      View Details
    • Value Estimation
      $570,000
      10,940 SF

      1035 Central St

      MINI-WAREHOUSE, STORAGE • 10,940 SF
      1035 Central St, Springfield, MN 56087-1298
      View Details

    Similar Nearby for Sale

    • $249,000
      4,000 SF

      Downtown Springfield Commercial Duo

      Two Buildings, Prime Location, $249,000
      8 Marshall Ave, Springfield, MN 56087
      View Details
    • New
      $119,900
      0.18 Acres

      Car Wash & Laundromat Business

      Established car wash and laundromat in Springfield, Minnesota.
      104 W Central St, Springfield, MN 56087
      View Details
    • $119,900
      1,984 SF

      Springfield Car Wash & Laundromat

      Profitable Turnkey Business Opportunity
      104 Central St, Springfield, MN 56087
      View Details
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    Springfield, MN 56087
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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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