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    Property profile & analytics

    123 5th SE Ave Melrose, MN 56352-1425

    • Commercial real estate
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1463844
    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 123 5th SE Ave

    Lot size
    0.25 lot acres
    Property type
    Commercial real estate
    APN
    66.37209.0000
    APU
    66372090000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.806
    Latitude
    45.6736
    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
    $486
    $16,200
    $1,900
    $18,100
    -
    $16,200
    $1,900
    $18,100

    Comparable in this City

    • Value Estimation by Request
      28,278 SF

      Melrose, MN 56352

      COMMERCIAL (GENERAL) • 28,278 SF
      Melrose, MN 56352
      View Details
    • Value Estimation by Request
      2,400 SF

      322 5th SW St

      COMMERCIAL (GENERAL) • 2,400 SF
      322 5th SW St, Melrose, MN 56352
      View Details
    • Value Estimation by Request
      1,604 SF

      129 Lk Henry S Ave

      COMMERCIAL (GENERAL) • 1,604 SF
      129 Lk Henry S Ave, Melrose, MN 56352-8556
      View Details
    • Value Estimation by Request
      210 SF

      517 Main St

      COMMERCIAL (GENERAL) • 210 SF
      517 Main St, Melrose, MN 56352-1451
      View Details
    • Value Estimation by Request
      76,770 SF

      1129 Main St

      COMMERCIAL (GENERAL) • 76,770 SF
      1129 Main St, Melrose, MN 56352-1470
      View Details
    • Value Estimation by Request
      1,144 SF

      305 Main St

      COMMERCIAL (GENERAL) • 1,144 SF
      305 Main St, Melrose, MN 56352-1163
      View Details

    Similar Nearby for Sale

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      Main Street Melrose Business Space

      Prime location, fully equipped, great potential!
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    • $49,800
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      Residential Lots in Melrose, MN

      Spacious residential lots available in Melrose, close to amenities.
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      Melrose Industrial Building - Great Value

      Spacious industrial building, high visibility, 7,352 sq ft
      711 Main St, Melrose, MN 56352
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    • $450,000
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      Residential Land on Sauk River

      11.25-acre parcel on Sauk River, zoned for residential development.
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    • $129,900
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      Established Bar & Grill Opportunity

      Turn-key bar and grill with proven customer base.
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    Similar Nearby for Lease

    • $5 SF/Yr
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      Melrose Flex Industrial Facility

      26,700 SF flex facility for lease in Melrose, Minnesota.
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    • $5 SF/Yr

      26,700 SF Flex Industrial Facility

      Flex commercial/industrial facility with high visibility and heavy power.
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      View Details
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    123 5th SE Ave
    Melrose, MN 56352-1425
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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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