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    Property profile & analytics

    120 Aspen NE Ave Menahga, MN 56464

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2727348
    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

    • Commercial real estate

    Property Details for 120 Aspen NE Ave

    Year built
    2004
    Property type
    Commercial real estate
    APN
    17-300-1260
    APU
    173001260

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Menahga
    County
    Wadena
    State
    Minnesota
    Longitude
    -95.0986
    Latitude
    46.7556

    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
    $4,820
    $12,900
    $162,700
    $175,600
    -
    $12,900
    $162,700
    $175,600

    Comparable in this City

    • Value Estimation by Request

      Menahga, MN 56464

      COMMERCIAL (GENERAL)
      Menahga, MN 56464
      View Details
    • Value Estimation by Request

      1036 Aspen Ave Se Bldg A

      COMMERCIAL (GENERAL)
      1036 Aspen Ave Se Bldg A, Menahga, MN 56464-3312
      View Details
    • Value Estimation by Request

      114 Aspen SE Ave

      COMMERCIAL (GENERAL)
      114 Aspen SE Ave, Menahga, MN 56464
      View Details
    • Value Estimation by Request

      1042 Elm SE Ave

      COMMERCIAL (GENERAL)
      1042 Elm SE Ave, Menahga, MN 56464-3245
      View Details
    • Value Estimation by Request
      2,880 SF

      Menahga, MN 56464

      COMMERCIAL (GENERAL) • 2,880 SF
      Menahga, MN 56464
      View Details
    • Value Estimation by Request
      732 SF

      14 1st SW St

      COMMERCIAL (GENERAL) • 732 SF
      14 1st SW St, Menahga, MN 56464
      View Details

    Similar Nearby for Sale

    • $369,900
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      Menahga Multi-Use Commercial Property

      High-Visibility Hwy 71 Business Opportunity
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    • $165,000
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      Turnkey Lot on Lower Twin

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      Menahga Land with Pole Building

      4.8 acres with 5,760 SF pole building near Hwy 71.
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      Menahga Restaurant Opportunity For Sale

      Turn-key restaurant in downtown Menahga with recent updates.
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    • $359,900
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      Multi-Use Commercial Property on Highway

      Exceptional commercial property with multiple income streams and business opportunities.
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    120 Aspen NE Ave
    Menahga, MN 56464
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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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