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    Property profile & analytics

    202 State Rd 16 Rushford, MN 55971-8833

    • Office buildings
    • 1,950 SF
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Jan 21, 2020
    Location Intelligence
    Property ID
    US46-2826050
    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

    • Office buildings

    Property Details for 202 State Rd 16

    Year built
    1930
    Property size
    1,950 SF
    Property type
    Office buildings
    APN
    06.0114.010
    APU
    60114010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rushford
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.7551
    Latitude
    43.8053
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN 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
    2020
    $3,042
    $32,300
    $95,100
    $127,400
    -
    $32,300
    $95,100
    $127,400

    Comparable in this City

    • Value Estimation
      $410,000
      9,070 SF

      409 Elm St

      OFFICE BUILDING • 9,070 SF
      409 Elm St, Rushford, MN 55971-8826
      View Details
    • Value Estimation
      $345,000
      2,100 SF

      313 Elm St

      OFFICE BUILDING • 2,100 SF
      313 Elm St, Rushford, MN 55971-8813
      View Details
    • Value Estimation by Request
      1,908 SF

      104 Jessie St

      OFFICE BUILDING • 1,908 SF
      104 Jessie St, Rushford, MN 55971
      View Details
    • Value Estimation by Request
      4,784 SF

      120 Jessie St, Unit 20

      OFFICE BUILDING • 4,784 SF
      120 Jessie St, Rushford, MN 55971-8837
      View Details
    • Value Estimation by Request
      520 SF

      206 State Rd 16

      OFFICE BUILDING • 520 SF
      206 State Rd 16, Rushford, MN 55971-8833
      View Details
    • Value Estimation by Request
      1,000 SF

      207 Elm St

      OFFICE BUILDING • 1,000 SF
      207 Elm St, Rushford, MN 55971-8812
      View Details

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      Commercial real estate • 6,650 SF
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      Residential Lot with Bluff Views

      Residential lot in Rushford, MN, suitable for building a home.
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      Rushford Inn: 20-Unit Motel

      Profitable MN Motel, Bike Trail Access
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    Rushford, MN 55971-8833
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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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