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    Property profile & analytics

    115 Main NW St Evansville, MN 56326

    • Retail space
    • 960 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 04, 2022
    Location Intelligence
    Property ID
    US46-1366999
    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

    • Retail space

    Property Details for 115 Main NW St

    Year built
    1949
    Property size
    960 SF
    Property type
    Retail space
    APN
    72-0040-000
    APU
    720040000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.6841
    Latitude
    46.007
    CBSA code
    10820
    CBSA name
    ALEXANDRIA, 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
    $518
    $6,200
    $5,100
    $11,300
    -
    $6,200
    $5,100
    $11,300

    Comparable in this City

    • Value Estimation
      $140,000
      7,180 SF

      119 Main NW St

      RETAIL STORES (PERSONAL SERVICES) • 7,180 SF
      119 Main NW St, Evansville, MN 56326-4548
      View Details
    • Value Estimation
      $290,000
      1,664 SF

      201 Main NW St

      RETAIL STORES (PERSONAL SERVICES) • 1,664 SF
      201 Main NW St, Evansville, MN 56326-4543
      View Details
    • Value Estimation by Request
      1,176 SF

      112 State NW St

      RETAIL STORES (PERSONAL SERVICES) • 1,176 SF
      112 State NW St, Evansville, MN 56326-4535
      View Details
    • Value Estimation by Request
      1,872 SF

      204 Main NW St

      RETAIL STORES (PERSONAL SERVICES) • 1,872 SF
      204 Main NW St, Evansville, MN 56326-4543
      View Details
    • Value Estimation
      $295,000
      2,032 SF

      20780 County Rd 82nd NW

      CONVENIENCE STORE • 2,032 SF
      20780 County Rd 82nd NW, Evansville, MN 56326-8283
      View Details
    • Value Estimation
      $195,000
      2,974 SF

      303 Kron St

      FINANCIAL BUILDING • 2,974 SF
      303 Kron St, Evansville, MN 56326-2100
      View Details

    Similar Nearby for Sale

    • $115,000
      0.11 Acres

      Versatile Commercial Property in Evansville

      8,000+ sq ft commercial property in downtown Evansville, Minnesota.
      115 State St, Evansville, MN 56326
      View Details
    • $140,000
      1.26 Acres

      Lakefront Lot Ready for Development

      Cleared 1.26-acre lot with 160 feet of lake frontage.
      18443 Basswood Beach Dr NW, Evansville, MN 56326
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    • $389,900
      4,874 SF

      Evansville Restaurant & Event Space

      Turnkey Restaurant, Established Business, High Potential
      20811 County Road 82, Evansville, MN 56326
      View Details
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    115 Main NW St
    Evansville, MN 56326
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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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