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    Property profile & analytics

    106 Frank St Clarissa, MN 56440

    • Commercial real estate
    • 57,022 SF
    For Sale
    View listing
    $399,900
    Value Estimation
    Location Intelligence
    Property ID
    US46-2195723
    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 for 106 Frank St

    Year built
    1970
    Property size
    57,022 SF
    Property type
    Commercial real estate

    Description

    This exceptional 57,022 square foot property, located at 106 Frank Street South in Clarissa, Minnesota, presents a unique investment opportunity. Formerly Eagle Valley High School, this expansive building offers a multitude of potential uses. The layout includes 24 classrooms, each approximately 900 square feet, six of which boast private bathrooms – perfect for conversion into residential units. Imagine the possibilities for multi-family housing, creating comfortable and spacious apartments or condos. Beyond residential potential, the building's size and features lend themselves to various commercial ventures. Office spaces could be easily created, catering to a range of businesses. Alternatively, the building's scale and existing amenities make it an ideal candidate for a community center, providing much-needed space for local organizations and events. The property also includes a well-maintained gymnasium, featuring a recently refinished floor and a stage, perfect for community gatherings or fitness-related businesses. Two locker rooms and a commercial-grade kitchen further enhance the versatility of this impressive building. The roof was replaced in 2017, ensuring long-term structural integrity and minimizing immediate maintenance concerns. This is a rare chance to acquire a substantial property with significant upside potential in a desirable location. Don't miss this chance to shape the future of this remarkable building.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clarissa
    County
    Todd
    State
    Minnesota
    Longitude
    -94.95432
    Latitude
    46.12801
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    106 Frank St
    Clarissa, MN 56440
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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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