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    Property profile & analytics

    165 Park Ave Le Center, MN 56057-1621

    • Industrial properties
    • 9,750 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US46-2214247
    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

    • LE CENTER HARDWARE HANK / Hardware Store

    Property Details for 165 Park Ave

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    9,750 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    20.470.0905
    APU
    204700905

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $260,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $235,000
      Mixed-Use
      $290,000
      Hospitality
      $250,000
      Educational
      $260,000
      Residential Income
      $260,000
      Energy
      $215,000
      Income-Based Land
      $250,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Le Center
    County
    Le Sueur
    State
    Minnesota
    Longitude
    -93.7311
    Latitude
    44.3877
    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
    2022
    $5,552
    $41,500
    $172,200
    $213,700
    -
    $41,500
    $172,200
    $213,700

    Comparable in this City

    • Value Estimation by Request
      960 SF

      150 Cordova Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 960 SF
      150 Cordova Ave, Le Center, MN 56057-1804
      View Details
    • Value Estimation by Request
      2,048 SF

      16 Derrynane St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,048 SF
      16 Derrynane St, Le Center, MN 56057-1602
      View Details
    • Value Estimation
      $230,000
      364 SF

      Le Center, MN 56057

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 364 SF
      Le Center, MN 56057
      View Details
    • Value Estimation
      $330,000
      6,000 SF

      290 Derrynane St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 6,000 SF
      290 Derrynane St, Le Center, MN 56057-2600
      View Details
    • Value Estimation
      $220,000
      2,400 SF

      422 Cleveland St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,400 SF
      422 Cleveland St, Le Center, MN 56057-2200
      View Details
    • Value Estimation
      $285,000
      10,860 SF

      280 Bradshaw St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10,860 SF
      280 Bradshaw St, Le Center, MN 56057-1121
      View Details

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    165 Park Ave
    Le Center, MN 56057-1621
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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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