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    309 8Th Ave Pipestone, MN 56164

    • Commercial real estate
    For Sale
    View listing
    $375,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-2724009
    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 309 8Th Ave

    Property type
    Commercial real estate
    APN
    18.810.0170
    APU
    188100170

    Description

    This exceptional 1.19-acre commercial property is strategically located at the high-traffic corner of 8th Avenue SE (King of Trails) and 4th Street SE in Pipestone, Minnesota. Situated along Pipestone's main retail corridor, this property presents a significant opportunity for businesses seeking high visibility and accessibility. The lot is zoned Commercial, offering flexibility for a variety of retail or commercial ventures. The property includes a closed convenience store with existing in-ground tanks, providing potential for redevelopment or repurposing. The substantial 1.2-acre size provides ample space for new construction or expansion of existing structures. With its prime location and zoning, this property is poised for success in a thriving community. The address is 309 8th Ave SE, Pipestone, MN 56164, within Pipestone County. The asking price for this exceptional opportunity is $375,000. This hard corner lot offers unparalleled exposure and potential for significant return on investment. Don't miss this chance to acquire a highly desirable commercial property in a growing market.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pipestone
    County
    Pipestone
    State
    Minnesota
    Longitude
    -96.3067
    Latitude
    43.9976

    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
    $5,360
    $146,000
    $82,500
    $228,500
    -
    $146,000
    $82,500
    $228,500

    Comparable in this City

    • Value Estimation by Request

      215 2nd NW St

      COMMERCIAL (GENERAL)
      215 2nd NW St, Pipestone, MN 56164-1635
      View Details
    • Value Estimation by Request

      203 2nd NE St

      COMMERCIAL (GENERAL)
      203 2nd NE St, Pipestone, MN 56164
      View Details
    • Value Estimation by Request

      604 7th SW St

      COMMERCIAL (GENERAL)
      604 7th SW St, Pipestone, MN 56164-1163
      View Details
    • Value Estimation by Request
      0.46 Acres

      1411 7th SE St

      COMMERCIAL (GENERAL) • 0.46 Acres
      1411 7th SE St, Pipestone, MN 56164
      View Details
    • Value Estimation by Request

      302 Main St

      COMMERCIAL (GENERAL)
      302 Main St, Pipestone, MN 56164-1935
      View Details
    • Value Estimation by Request

      605 Main St

      COMMERCIAL (GENERAL)
      605 Main St, Pipestone, MN 56164-2100
      View Details

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    309 8Th Ave
    Pipestone, MN 56164
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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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