Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    11850 62nd NE St Albertville, MN 55301-9730

    • Grocery and convenience stores
    • 5,000 SF
    • 1.34 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US46-0578901
    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

    • Grocery and convenience stores

    Property Details for 11850 62nd NE St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.34 lot acres
    Property size
    5,000 SF
    Property type
    Grocery and convenience stores
    APN
    101-500-361403
    APU
    101500361403

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $275,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $215,000
      Mixed-Use
      $280,000
      Hospitality
      $215,000
      Educational
      $225,000
      Residential Income
      $290,000
      Energy
      $285,000
      Income-Based Land
      $245,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Albertville
    County
    Wright
    State
    Minnesota
    Longitude
    -93.6466
    Latitude
    45.239
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
    $10,550
    $389,200
    $133,300
    $522,500
    -
    $389,200
    $133,300
    $522,500

    Comparable in this City

    • Value Estimation
      $295,000
      1,944 SF

      11440 County Rd 37th NE

      CONVENIENCE STORE • 1,944 SF
      11440 County Rd 37th NE, Albertville, MN 55301-8754
      View Details
    • Value Estimation by Request
      7,234 SF

      6300 Labeaux NE Ave

      CONVENIENCE STORE • 7,234 SF
      6300 Labeaux NE Ave, Albertville, MN 55301
      View Details
    • Value Estimation by Request
      7,062 SF

      11966 59th NE Pl

      CONVENIENCE STORE • 7,062 SF
      11966 59th NE Pl, Albertville, MN 55301-9501
      View Details
    • Value Estimation by Request
      2,829 SF

      11000 57th NE St

      CONVENIENCE STORE • 2,829 SF
      11000 57th NE St, Albertville, MN 55301-8764
      View Details
    • Value Estimation by Request
      3,792 SF

      11044 61st NE St

      CONVENIENCE STORE • 3,792 SF
      11044 61st NE St, Albertville, MN 55301-3315
      View Details
    • Value Estimation by Request
      49,200 SF

      5698 La Ctr Ave

      GROCERY, SUPERMARKET • 49,200 SF
      5698 La Ctr Ave, Albertville, MN 55301-3972
      View Details

    Similar Nearby for Sale

    • $333,900

      Garage Condos - Customizable Units

      Customizable garage condos for collectors and enthusiasts, ready for occupancy.
      7040 Kaeding Ln NE, Otsego, MN 55301
      View Details
    • Contact for pricing

      Commercial Land with Flexible Zoning

      Land with city utilities and flexible zoning for various uses.
      10388 70Th St NE, Otsego, MN 55301
      View Details
    • $3,682,235

      26-Acre Mixed Use Development Land

      26.01 acres of mixed-use development land for sale.
      5446 Labeaux Ave NE, Albertville, MN 55301
      View Details
    • Contact for pricing

      Land Near Upcoming Costco

      Commercial land available near future Costco development.
      59Th Cir NE, Albertville, MN 55301
      View Details
    • Contact for pricing
      3.49 Acres

      New Flex-Use Commercial Garage Suites

      New construction flex-use commercial garage suites available January 2026.
      9781 71St St, Otsego, MN 55301
      View Details
    • Contact for pricing

      Shovel Ready I-1 Zoned Land

      10 acres of I-94 frontage land, ready for development.
      6593 Kadler Ave NE, Albertville, MN 55301
      View Details

    Similar Nearby for Lease

    • $1,400,000

      Land Off Hwy 101

      Highly accessible land situated near home developments off Hwy 101.
      72Nd St NE, Otsego, MN 55301
      View Details
    • Contact for pricing
      13,147 SF

      Medical Office Space for Sublease

      Sublease medical office space in Albertville through December 31, 2028.
      11091 Jason Ave NE, Albertville, MN 55301
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Premier pad sites with excellent visibility and access to I-94.
      6500 Labeaux Ave NE, Albertville, MN 55301
      View Details
    • Contact for pricing
      700,000 SF

      36.75 Acres Vacant Land

      36.75 acres of vacant land available for lease.
      80Th St NE, Otsego, MN 55301
      View Details
    • Contact for pricing
      60,347 SF

      Otsego Warehouse Space Available

      60,347 SF warehouse near Albertville outlet mall.
      6551 Jansen Ave NE, Otsego, MN 55301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11850 62nd NE St
    Albertville, MN 55301-9730
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.