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    Property profile & analytics

    221 Central Ave Osakis, MN 56360

    • Retail space
    • 1,820 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Dec 08, 2022
    Location Intelligence
    Property ID
    US46-1393841
    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

    • Jacobs Lefse Bakeri & Gifts / Bakery / Gift Shop

    Property Details for 221 Central Ave

    Year built
    1978
    Lot size
    0.08 lot acres
    Property size
    1,820 SF
    Property type
    Retail space
    APN
    93-0073-000
    APU
    930073000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Osakis
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.1518
    Latitude
    45.8675
    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
    $1,754
    $6,200
    $49,200
    $55,400
    -
    $6,200
    $49,200
    $55,400

    Comparable in this City

    • Value Estimation by Request
      1,343 SF

      40 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,343 SF
      40 Main St, Osakis, MN 56360-8385
      View Details
    • Value Estimation
      $75,000
      1,440 SF

      226 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      226 Central Ave, Osakis, MN 56360
      View Details
    • Value Estimation
      $290,000
      3,146 SF

      113 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,146 SF
      113 Main St, Osakis, MN 56360-8371
      View Details
    • Value Estimation by Request
      645 SF

      28 Main St

      RETAIL STORES (PERSONAL SERVICES) • 645 SF
      28 Main St, Osakis, MN 56360
      View Details
    • Value Estimation by Request
      1,196 SF

      23 Nokomis W St

      RETAIL STORES (PERSONAL SERVICES) • 1,196 SF
      23 Nokomis W St, Osakis, MN 56360
      View Details
    • Value Estimation
      $210,000
      2,464 SF

      201 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,464 SF
      201 Central Ave, Osakis, MN 56360
      View Details

    Similar Nearby for Sale

    • $82,500
      7.00 Acres

      Osakis Land with Buildable Space

      7-acre property near Lake Osakis with wooded terrain.
      County 1, Osakis, MN 56360
      View Details
    • $102,500
      3.00 Acres

      Osakis Buildable Lot Near Lake

      3+/- acre lot near Lake Osakis for dream home.
      Tbd County 1, Osakis, MN 56360
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    • $205,000
      15.00 Acres

      Osakis Land for Varied Use

      15+/- acres suitable for building, farming, or recreation near Lake Osakis.
      22280 County 1, Osakis, MN 56360
      View Details
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    221 Central Ave
    Osakis, MN 56360
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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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