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    Property profile & analytics

    11496 Highway 28 Swanville, MN 56382

    • Manufacturing properties
    • 15,260 SF
    For Sale
    View listing
    $479,900
    Value Estimation
    Location Intelligence
    Property ID
    US46-1950353
    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

    • Manufacturing properties

    Property Details for 11496 Highway 28

    Year built
    2004
    Construction
    STEEL FRAME
    Property size
    15,260 SF
    Property type
    Manufacturing properties
    APN
    46.0276.002
    APU
    460276002

    Description

    This exceptional 14,580 square foot industrial building presents a rare opportunity in Swanville, Minnesota. Situated on a generous 5.86-acre lot, this newer construction property offers ample space for a variety of commercial or industrial uses. Currently configured for rotomolding, the building boasts a large overhead door for easy access and loading/unloading of materials. The interior layout includes well-maintained office space, a convenient lunchroom, and a substantial 1,800 square foot cold storage area, providing versatile options for storage and operations. The property's zoning is commercial/industrial, allowing for flexibility in future uses and expansion. Its excellent location provides convenient access via Highway 28 or Springbrook Drive, ensuring easy transportation and logistics. The building's well-maintained condition and substantial size offer significant potential for growth and adaptation to suit a wide range of business needs. This is a turnkey opportunity for a business seeking a spacious, functional, and strategically located industrial property in a thriving community. The asking price is $750,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $555,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $515,000
      Mixed-Use
      $585,000
      Hospitality
      $505,000
      Educational
      $525,000
      Residential Income
      $505,000
      Energy
      $645,000
      Income-Based Land
      $490,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Swanville
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.6373
    Latitude
    45.9236

    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
    $11,458
    $51,400
    $383,500
    $434,900
    -
    $51,400
    $383,500
    $434,900

    Comparable in this City

    • Value Estimation by Request
      4,320 SF

      35074 County 12

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      View Details
    • Value Estimation
      $345,000
      2,490 SF

      23 3rd St

      WAREHOUSE, STORAGE • 2,490 SF
      23 3rd St, Swanville, MN 56382
      View Details
    • Value Estimation
      $215,000
      9,600 SF

      2149 Hwy 27

      MINI-WAREHOUSE, STORAGE • 9,600 SF
      2149 Hwy 27, Swanville, MN 56382
      View Details
    • Value Estimation
      $195,000
      3,936 SF

      1976 140th St

      MINI-WAREHOUSE, STORAGE • 3,936 SF
      1976 140th St, Swanville, MN 56382
      View Details
    • Value Estimation
      $560,000
      19,500 SF

      2448 Cable Rd

      WAREHOUSE, STORAGE • 19,500 SF
      2448 Cable Rd, Swanville, MN 56382-3510
      View Details
    • Value Estimation
      $405,000
      5,175 SF

      Swanville, MN 56382

      WAREHOUSE, STORAGE • 5,175 SF
      Swanville, MN 56382
      View Details

    Similar Nearby for Sale

    • $479,900
      5.86 Acres

      Swanville Commercial Property on 5+ Acres

      Commercial/industrial property with newer construction on over 5 acres.
      11496 Highway 28, Swanville, MN 56382
      View Details
    • New
      $155,000
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      Turn-Key Cafe in Swanville, MN

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    11496 Highway 28
    Swanville, MN 56382
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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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