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    Property profile & analytics

    15237 183rd St Little Falls, MN 56345-6500

    • Grocery and convenience stores
    • 3,616 SF
    • 1.94 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Jun 21, 2023
    $470,000
    Location Intelligence
    Property ID
    US46-1132333
    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

    • ATM (Belle Prairie Junction BP) / Atm
    • Shell / Atm / Gas Station
    • U-Haul Neighborhood Dealer / Truck Rental Agency / Trailer Rental Service
    • Belle Prairie Junction / Convenience Store

    Property Details for 15237 183rd St

    Year built
    1966
    Lot size
    1.94 lot acres
    Property size
    3,616 SF
    Property type
    Grocery and convenience stores
    APN
    48.6709.001
    APU
    486709001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $395,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $370,000
      Mixed-Use
      $340,000
      Hospitality
      $360,000
      Educational
      $375,000
      Residential Income
      $440,000
      Energy
      $400,000
      Income-Based Land
      $345,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.3401
    Latitude
    46.0262

    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
    2024
    $7,398
    $56,400
    $257,900
    $314,300
    -
    $56,400
    $257,900
    $314,300

    Comparable in this City

    • Value Estimation
      $245,000
      5,624 SF

      206 1st NE St

      CONVENIENCE STORE • 5,624 SF
      206 1st NE St, Little Falls, MN 56345-2604
      View Details
    • Value Estimation
      $200,000
      2,720 SF

      1205 Hvn Rd

      CONVENIENCE STORE • 2,720 SF
      1205 Hvn Rd, Little Falls, MN 56345-4490
      View Details
    • Value Estimation
      $215,000
      2,952 SF

      500 Broadway

      CONVENIENCE STORE • 2,952 SF
      500 Broadway, Little Falls, MN 56345-1538
      View Details
    • Value Estimation by Request
      90,588 SF

      1101 2nd NE Ave

      GROCERY, SUPERMARKET • 90,588 SF
      1101 2nd NE Ave, Little Falls, MN 56345-2943
      View Details
    • Value Estimation by Request
      6,444 SF

      1704 1st NE Ave

      CONVENIENCE STORE • 6,444 SF
      1704 1st NE Ave, Little Falls, MN 56345-3308
      View Details
    • Value Estimation
      $505,000
      22,051 SF

      14986 18th NE St

      GROCERY, SUPERMARKET • 22,051 SF
      14986 18th NE St, Little Falls, MN 56345-4580
      View Details

    Similar Nearby for Sale

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      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
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      Land Parcel Near Little Falls

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      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
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    • $450,000
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      44 Acres Mixed-Use Development Land

      44.73 acres suitable for commercial or residential development.
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      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
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    Similar Nearby for Lease

    • $23 SF/Yr
      2,400 SF

      New Office Space for Lease

      Modern office space near Broadway Ave and Mississippi River.
      117 Wood St, Little Falls, MN 56345
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Space in Little Falls

      Industrial space for lease near Hwy 371 and Hwy 10.
      609 13Th Ave NE, Little Falls, MN 56345
      View Details
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    Little Falls, MN 56345-6500
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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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