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    Property profile & analytics

    15751 87th NE St Otsego, MN 55330-6547

    • Banks
    • 4,890 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1574444
    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

    • Wings Credit Union / Credit Union / Atm
    • Parrish meadows / Condominium Complex

    Property Details for 15751 87th NE St

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.20 lot acres
    Property size
    4,890 SF
    Property type
    Banks
    APN
    118-258-001010
    APU
    118258001010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Otsego
    County
    Wright
    State
    Minnesota
    Longitude
    -93.5648
    Latitude
    45.2763
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 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
    $25,864
    $638,200
    $510,400
    $1,148,600
    -
    $638,200
    $510,400
    $1,148,600

    Comparable in this City

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      9025 Quaday NE Ave

      CONVENIENCE STORE • 7,058 SF
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      $235,000
      1,740 SF

      429 Main NW St

      BARBER, HAIR SALON • 1,740 SF
      429 Main NW St, Elk River, MN 55330-5401
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      $1,420,000
      19,927 SF

      8700 Parkview NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 19,927 SF
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    • Value Estimation by Request
      39,185 SF

      10743 168th NW Ave

      RETAIL STORES (PERSONAL SERVICES) • 39,185 SF
      10743 168th NW Ave, Elk River, MN 55330-3200
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    • Value Estimation by Request
      680 SF

      715 Main NW St

      BARBER, HAIR SALON • 680 SF
      715 Main NW St, Elk River, MN 55330-1504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,583 SF

      Retail Property in Otsego, MN

      Retail property with 24,583 square feet of space.
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      25 acres of commercial land with highway and river frontage.
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      Over 1 acre lot for a custom dream home.
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      Development Land Near Transportation Hub

      12.13 acres with highway access and commuter rail.
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      Rare 0.97 acre riverfront lot with mature trees.
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    Similar Nearby for Lease

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    • $17 SF/Yr
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      Elk River Retail Space Available

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      4,800 SF

      Retail Space in Elk River

      Retail space available in a vibrant Elk River shopping center.
      19116-19144 Freeport St, Elk River, MN 55330
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      1,723 SF

      Retail Building Near Highway 101

      12,112 SF retail building near Hwy 101, available Fall 2025.
      90Th St NE, Otsego, MN 55330
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      15,000 SF

      Retail Pad Sites For Lease

      Junior box or medical building pad sites available for lease.
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    • Contact for pricing
      1,406 SF

      Retail Space in Elk River

      Retail space available in a vibrant Elk River shopping center.
      19160-19186 Freeport Ave, Elk River, MN 55330
      View Details

    Property Visit Statistics

    • Visits by month
      785
    • Visitors by month
      971
    • Avg Time on site
      50 min
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    15751 87th NE St
    Otsego, MN 55330-6547
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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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