Property profile & analytics
655 Main St Perham, MN 56573
- Commercial real estate
- 21,372 SF
- 0.46 lot acres
For Sale
View listing
$1,350,000
Value Estimation
Location Intelligence
Property ID
US46-1345605
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
- Westside Services / Gas Station
Property Details for 655 Main St
- Year built
- 1970
- Lot size
- 0.46 lot acres
- Property size
- 21,372 SF
- Property type
- Commercial real estate
- APN
- 77000990611000
- APU
- 77000990611000
Description
Exceptional investment opportunity in Perham, MN. This 7,124 square foot retail property sits on a 0.66-acre lot at 655 W Main Street and includes a diverse range of established businesses: an auto parts store, convenience store, gas station, car wash, and a take-and-bake pizza operation (with an existing tenant). The property boasts a proven track record of high return on investment, making it an attractive prospect for savvy investors. The sale includes the real estate and existing businesses
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $440,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $510,000
- Retail
- $400,000
- Mixed-Use
- $450,000
- Hospitality
- $450,000
- Educational
- $520,000
- Residential Income
- $390,000
- Energy
- $465,000
- Income-Based Land
- $505,000
- Food Service
- $510,000
Location Insight
- Map
- Local Demand
- City
- Perham
- County
- Otter Tail
- State
- Minnesota
- Longitude
- -95.5798
- Latitude
- 46.5978
- CBSA code
- 22260
- CBSA name
- FERGUS FALLS, 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
$6,908
$67,000
$216,300
$283,300
-
$67,000
$216,300
$283,300
