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    Property profile & analytics

    20811 County Road 82 Evansville, MN 56326

    • Commercial real estate
    • 0.15 lot acres
    For Sale
    View listing
    $389,900
    Value Estimation
    Location Intelligence
    Property ID
    US46-1771834
    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

    • Commercial real estate

    Property Details for 20811 County Road 82

    Lot size
    0.15 lot acres
    Property type
    Commercial real estate
    APN
    72-0290-000
    APU
    720290000

    Description

    This exceptional opportunity presents a thriving restaurant and bar located at 20811 County Road 82 NW, Evansville, MN. Boasting 4,874 square feet on a 0.39-acre lot, this well-established business enjoys a strong reputation for its high-quality food, welcoming atmosphere, and excellent service, attracting both local residents and tourists. A key feature is a versatile event space, perfect for private functions and community gatherings, providing a significant additional revenue stream. The sale includes a fully equipped commercial kitchen, recently installed rooftop unit, and all necessary restaurant supplies and inventory. The current owners are also including their popular, proven menu and recipes, ensuring a seamless transition and the retention of a loyal customer base. This turnkey operation is ideally suited for both experienced restaurateurs seeking expansion and first-time buyers looking for a well-established business with significant growth potential. The asking price is $389,900. This is a rare chance to acquire a profitable business with strong community connections and a bright future.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.687
    Latitude
    46.0052
    CBSA code
    10820
    CBSA name
    ALEXANDRIA, 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
    $346
    $9,700
    $0.00
    $9,700
    -
    $9,700
    $0.00
    $9,700

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      Evansville, MN 56326

      COMMERCIAL (GENERAL) • 0.25 Acres
      Evansville, MN 56326
      View Details
    • Value Estimation
      $190,000

      Evansville, MN 56326

      COMMERCIAL (GENERAL)
      Evansville, MN 56326
      View Details
    • Value Estimation by Request

      Evansville, MN 56326

      COMMERCIAL (GENERAL)
      Evansville, MN 56326
      View Details
    • Value Estimation by Request

      Evansville, MN 56326

      COMMERCIAL (GENERAL)
      Evansville, MN 56326
      View Details
    • Value Estimation by Request

      Evansville, MN 56326

      COMMERCIAL (GENERAL)
      Evansville, MN 56326
      View Details
    • Value Estimation by Request

      Evansville, MN 56326

      COMMERCIAL (GENERAL)
      Evansville, MN 56326
      View Details

    Similar Nearby for Sale

    • $389,900
      4,874 SF

      Evansville Restaurant & Event Space

      Turnkey Restaurant, Established Business, High Potential
      20811 County Road 82, Evansville, MN 56326
      View Details
    • $115,000
      0.11 Acres

      Versatile Commercial Property in Evansville

      8,000+ sq ft commercial property in downtown Evansville, Minnesota.
      115 State St, Evansville, MN 56326
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    • $140,000
      1.26 Acres

      Lakefront Lot Ready for Development

      Cleared 1.26-acre lot with 160 feet of lake frontage.
      18443 Basswood Beach Dr NW, Evansville, MN 56326
      View Details
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    20811 County Road 82
    Evansville, MN 56326
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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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