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    Property profile & analytics

    12 Thorpe Ave Ada, MN 56510-1539

    • Industrial properties
    • 7,000 SF
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US46-2574055
    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

    • Industrial properties

    Property Details for 12 Thorpe Ave

    Year built
    1974
    Property size
    7,000 SF
    Property type
    Industrial properties
    APN
    25-0983001
    APU
    250983001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ada
    County
    Norman
    State
    Minnesota
    Longitude
    -96.5149
    Latitude
    47.2968

    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
    $4,536
    $33,300
    $158,700
    $192,000
    -
    $33,300
    $158,700
    $192,000

    Comparable in this City

    • Value Estimation
      $380,000
      8,000 SF

      303 9th W St

      INDUSTRIAL (GENERAL) • 8,000 SF
      303 9th W St, Ada, MN 56510-1238
      View Details
    • Value Estimation
      $375,000
      4,800 SF

      918 Main St

      INDUSTRIAL (GENERAL) • 4,800 SF
      918 Main St, Ada, MN 56510
      View Details
    • Value Estimation by Request
      1,200 SF

      106 3rd W Ave

      INDUSTRIAL (GENERAL) • 1,200 SF
      106 3rd W Ave, Ada, MN 56510-1224
      View Details
    • Value Estimation by Request
      9,008 SF

      2701 State Hwy 200

      LUMBER & WOOD PRODUCT MFG • 9,008 SF
      2701 State Hwy 200, Ada, MN 56510
      View Details
    • Value Estimation
      $705,000
      22,946 SF

      209 Main St

      LIGHT INDUSTRIAL • 22,946 SF
      209 Main St, Ada, MN 56510-1344
      View Details
    • Value Estimation
      $210,000
      5,000 SF

      17 1st S Ave

      MINI-WAREHOUSE, STORAGE • 5,000 SF
      17 1st S Ave, Ada, MN 56510
      View Details
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    12 Thorpe Ave
    Ada, MN 56510-1539
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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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