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    Property profile & analytics

    116 2nd NE St Little Falls, MN 56345-2615

    • Retail space
    • 5,800 SF
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Feb 01, 2023
    $80,000
    Location Intelligence
    Property ID
    US46-1931316
    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 116 2nd NE St

    Year built
    1929
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    5,800 SF
    Property type
    Retail space
    APN
    48.0264.000
    APU
    480264000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.3603
    Latitude
    45.9768

    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
    $3,234
    $32,400
    $87,500
    $119,900
    -
    $32,400
    $87,500
    $119,900

    Comparable in this City

    • Value Estimation by Request
      4,050 SF

      21464 203rd St

      RETAIL STORES (PERSONAL SERVICES) • 4,050 SF
      21464 203rd St, Little Falls, MN 56345-5686
      View Details
    • Value Estimation by Request
      1,326 SF

      107 2nd NE St

      RETAIL STORES (PERSONAL SERVICES) • 1,326 SF
      107 2nd NE St, Little Falls, MN 56345-2614
      View Details
    • Value Estimation by Request
      1,265 SF

      117 1st NE St

      RETAIL STORES (PERSONAL SERVICES) • 1,265 SF
      117 1st NE St, Little Falls, MN 56345-2601
      View Details
    • Value Estimation
      $285,000
      15,000 SF

      101 5th SW St

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      101 5th SW St, Little Falls, MN 56345-1522
      View Details
    • Value Estimation
      $310,000
      14,820 SF

      53 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 14,820 SF
      53 Broadway, Little Falls, MN 56345-4565
      View Details
    • Value Estimation
      $330,000
      7,776 SF

      102 2nd SE St

      RETAIL STORES (PERSONAL SERVICES) • 7,776 SF
      102 2nd SE St, Little Falls, MN 56345-3037
      View Details

    Similar Nearby for Sale

    • $165,000
      2.51 Acres

      Land with Untouched Acreage Border

      2.51-acre lot near Little Falls with mature trees.
      Hillton Rd, Little Falls, MN 56345
      View Details
    • $165,000
      2.51 Acres

      Land Parcel Near Little Falls

      2.51-acre lot south of Little Falls with mature trees.
      Tbd Hillton Rd, Little Falls, MN 56345
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    • $50,400
      0.46 Acres

      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
      23 Edmund St, Little Falls, MN 56345
      View Details
    • $50,400
      0.37 Acres

      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
      3 Weston Cir, Little Falls, MN 56345
      View Details
    • $50,400
      0.37 Acres

      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
      25 Edmund St, Little Falls, MN 56345
      View Details
    • $297,000
      3.00 Acres

      Prime Land in Little Falls

      3-acre property with development potential in a desirable location.
      900 6Th Ave NE, Little Falls, MN 56345
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    Similar Nearby for Lease

    • $23 SF/Yr
      2,400 SF

      New Office Space for Lease

      Modern office space near Broadway Ave and Mississippi River.
      117 Wood St, Little Falls, MN 56345
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Space in Little Falls

      Industrial space for lease near Hwy 371 and Hwy 10.
      609 13Th Ave NE, Little Falls, MN 56345
      View Details
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    116 2nd NE St
    Little Falls, MN 56345-2615
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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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