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    Property profile & analytics

    15 Minnesota S Ave Aitkin, MN 56431-1620

    • Banks
    • 1,672 SF
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US46-2653835
    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

    • United States Postal Service / Post Office / Logistics Service
    • Neigborhood National Bank / Bank

    Property Details for 15 Minnesota S Ave

    Year built
    1974
    Property size
    1,672 SF
    Property type
    Banks
    APN
    56-1-126500
    APU
    561126500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aitkin
    County
    Aitkin
    State
    Minnesota
    Longitude
    -93.708
    Latitude
    46.5308

    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
    $5,128
    $60,000
    $135,400
    $195,400
    -
    $60,000
    $135,400
    $195,400

    Comparable in this City

    • Value Estimation
      $540,000
      5,925 SF

      101 Minnesota N Ave

      FINANCIAL BUILDING • 5,925 SF
      101 Minnesota N Ave, Aitkin, MN 56431-1409
      View Details
    • Value Estimation
      $375,000
      5,180 SF

      961 2nd NW St

      FINANCIAL BUILDING • 5,180 SF
      961 2nd NW St, Aitkin, MN 56431-1151
      View Details
    • Value Estimation by Request
      5,631 SF

      402 Minnesota N Ave

      FINANCIAL BUILDING • 5,631 SF
      402 Minnesota N Ave, Aitkin, MN 56431-1416
      View Details
    • Value Estimation by Request
      5,019 SF

      108 Minnesota N Ave

      FINANCIAL BUILDING • 5,019 SF
      108 Minnesota N Ave, Aitkin, MN 56431-1410
      View Details
    • Value Estimation
      $225,000
      1,360 SF

      12 Minnesota S Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,360 SF
      12 Minnesota S Ave, Aitkin, MN 56431-1621
      View Details
    • Value Estimation by Request
      420 SF

      122 Minnesota N Ave

      RETAIL STORES (PERSONAL SERVICES) • 420 SF
      122 Minnesota N Ave, Aitkin, MN 56431-1410
      View Details

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    15 Minnesota S Ave
    Aitkin, MN 56431-1620
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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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