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    Property profile & analytics

    124 2nd St Crookston, MN 56716-1711

    • Theaters & concert halls
    • 8,664 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US46-2470626
    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

    • Theaters & concert halls

    Property Details for 124 2nd St

    Year built
    1909
    Lot size
    0.23 lot acres
    Property size
    8,664 SF
    Property type
    Theaters & concert halls
    APN
    82.00672.00
    APU
    820067200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crookston
    County
    Polk
    State
    Minnesota
    Longitude
    -96.6052
    Latitude
    47.7741
    CBSA code
    24220
    CBSA name
    GRAND FORKS, ND-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
    $5,644
    $14,900
    $121,100
    $136,000
    -
    $14,900
    $121,100
    $136,000

    Comparable in this City

    • Value Estimation
      $815,000
      151,117 SF

      402 Fisher Ave

      THEATER (MOVIE) • 151,117 SF
      402 Fisher Ave, Crookston, MN 56716-2811
      View Details
    • Value Estimation
      $720,000
      22,026 SF

      1801 University Ave

      AUDITORIUM • 22,026 SF
      1801 University Ave, Crookston, MN 56716-2815
      View Details
    • Value Estimation by Request
      90,192 SF

      Fisher Ave

      SKATING RINK, ICE SKATING, ROLLER SKATING • 90,192 SF
      Fisher Ave, Crookston, MN 56716
      View Details
    • Value Estimation by Request
      15,708 SF

      1220 Memorial Dr

      Commercial real estate • 15,708 SF
      1220 Memorial Dr, Crookston, MN 56716
      View Details
    • Value Estimation by Request
      12.57 Acres

      Crookston, MN 56716

      VACANT COMMERCIAL LAND • 12.57 Acres
      Crookston, MN 56716
      View Details
    • Value Estimation by Request
      2.83 Acres

      Crookston, MN 56716

      VACANT COMMERCIAL LAND • 2.83 Acres
      Crookston, MN 56716
      View Details

    Similar Nearby for Sale

    • $979,000
      15,708 SF

      Prime Crookston Commercial Estate

      20-Acre Multi-Use Property, Great Potential
      1220 Memorial Dr, Crookston, MN 56716
      View Details
    • $295,000
      4,148 SF

      Restaurant Property with Drive-Thru

      Restaurant property with existing drive-thru and ample parking.
      509 N Main St, Crookston, MN 56716
      View Details

    Property Visit Statistics

    • Visits by month
      2.0k
    • Visitors by month
      1.3k
    • Avg Time on site
      21 min
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    124 2nd St
    Crookston, MN 56716-1711
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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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