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Property profile & analytics

120 1st NE St Richmond, MN 56368-4538

  • Residential income homes
  • 15,706 SF
OFF-MARKET
Value Estimation
$420,000
Last Sale
Mar 09, 2023
Location Intelligence
Property ID
US46-1334383
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

  • Richhaven Apartments / Apartment Building

Property Details for 120 1st NE St

Year built
1986
Construction
WOOD
Property size
15,706 SF
Property type
Residential income homes
Property subtype
Serviced apartments
APN
74.40792.0000
APU
74407920000

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $360,000
  • CAP approach

    CAP return
    Estimation
    6%
    $500,000
    6.5%
    $505,000
    7%
    $510,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $515,000
    Geo Method
    $530,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $600,000
    Retail
    $485,000
    Mixed-Use
    $540,000
    Hospitality
    $615,000
    Educational
    $550,000
    Residential Income
    $470,000
    Energy
    $535,000
    Income-Based Land
    $635,000
    Food Service
    $475,000

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Stearns
State
Minnesota
Longitude
-94.5168
Latitude
45.4558
CBSA code
41060
CBSA name
ST. CLOUD, MN 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
$10,998
$175,600
$500,000
$675,600
-
$175,600
$500,000
$675,600
More about this property
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