Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    216 Ctr St Royalton, MN 56373-4404

    • Retail space
    • 4,368 SF
    OFF-MARKET
    Value Estimation
    $65,000
    Last Sale
    Apr 12, 2021
    $58,000
    Location Intelligence
    Property ID
    US46-0306678
    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

    • Royal Blends Nutrition / Fast Food Restaurant

    Property Details for 216 Ctr St

    Year built
    1922
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    4,368 SF
    Property type
    Retail space
    APN
    44.0320.000
    APU
    440320000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royalton
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.2923
    Latitude
    45.8303

    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
    $1,528
    $13,700
    $43,400
    $57,100
    -
    $13,700
    $43,400
    $57,100

    Comparable in this City

    • Value Estimation
      $195,000
      1,710 SF

      706 Willow St

      RETAIL STORES (PERSONAL SERVICES) • 1,710 SF
      706 Willow St, Royalton, MN 56373-9155
      View Details
    • Value Estimation
      $195,000
      5,356 SF

      209 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 5,356 SF
      209 Ctr St, Royalton, MN 56373-4404
      View Details
    • Value Estimation
      $345,000
      4,320 SF

      308 Hwy 10

      RETAIL STORES (PERSONAL SERVICES) • 4,320 SF
      308 Hwy 10, Royalton, MN 56373-9154
      View Details
    • Value Estimation
      $190,000
      2,286 SF

      113 Hwy 10

      RETAIL STORES (PERSONAL SERVICES) • 2,286 SF
      113 Hwy 10, Royalton, MN 56373
      View Details
    • Value Estimation
      $535,000
      7,636 SF

      704 Willow St

      RETAIL STORES (PERSONAL SERVICES) • 7,636 SF
      704 Willow St, Royalton, MN 56373-9155
      View Details
    • Value Estimation
      $175,000
      1,488 SF

      213 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 1,488 SF
      213 Ctr St, Royalton, MN 56373-4404
      View Details

    Similar Nearby for Sale

    • $109,900
      2.01 Acres

      Royalton Buildable Lot Ready

      Clear 2.01 acre lot in Royalton, ready to build.
      S Hawthorn St, Royalton, MN 56373
      View Details
    • $259,000
      26.47 Acres

      Royalton Land with Development Potential

      26.47 acres of land with development potential near Platte River.
      1xx Hickory St. & N Linden St, Royalton, MN 56373
      View Details
    • $210,000

      Royalton Commercial Land Opportunity

      Six parcels of commercial land available in Royalton, Minnesota.
      N Maple St, Royalton, MN 56373
      View Details
    • $44,000
      0.57 Acres

      Royalton Buildable Lot Ready

      Clear, buildable lot in Royalton with utilities available.
      S Hawthorn St, Royalton, MN 56373
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    216 Ctr St
    Royalton, MN 56373-4404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.