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    Property profile & analytics

    16008 State Hwy 257 Hanska, MN 56041

    • Auto shops
    • 2,480 SF
    • 2.58 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US46-2454223
    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

    • Auto shops

    Property Details for 16008 State Hwy 257

    Year built
    1953
    Lot size
    2.58 lot acres
    Property size
    2,480 SF
    Property type
    Auto shops
    APN
    160.024.002.04.040
    APU
    16002400204040

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanska
    County
    Brown
    State
    Minnesota
    Longitude
    -94.4897
    Latitude
    44.1462
    CBSA code
    35580
    CBSA name
    NEW ULM, MN MICROPOLITAN 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
    $0.00
    $40,700
    $126,900
    $167,600
    -
    $40,700
    $126,900
    $167,600

    Comparable in this City

    • Value Estimation
      $200,000
      2,604 SF

      107 Washington Ave

      AUTO REPAIR, GARAGE • 2,604 SF
      107 Washington Ave, Hanska, MN 56041
      View Details
    • Value Estimation
      $365,000
      2,350 SF

      103 Washington Ave

      AUTO REPAIR, GARAGE • 2,350 SF
      103 Washington Ave, Hanska, MN 56041
      View Details
    • Value Estimation by Request
      900 SF

      Hanska, MN 56041

      AUTO REPAIR, GARAGE • 900 SF
      Hanska, MN 56041
      View Details
    • Value Estimation
      $180,000
      1,920 SF

      21 Broadway

      CONVENIENCE STORE • 1,920 SF
      21 Broadway, Hanska, MN 56041
      View Details
    • Value Estimation by Request
      2,538 SF

      114 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 2,538 SF
      114 Broadway, Hanska, MN 56041-4400
      View Details
    • Value Estimation
      $90,000
      2,784 SF

      101 Broadway

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,784 SF
      101 Broadway, Hanska, MN 56041-4400
      View Details
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    16008 State Hwy 257
    Hanska, MN 56041
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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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