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    Property profile & analytics

    222 Grv Ave Owatonna, MN 55060-3047

    • Residential income homes
    • 2,854 SF
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Mar 19, 2020
    $152,000
    Location Intelligence
    Property ID
    US46-2625648
    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

    • Residential income homes

    Property Details for 222 Grv Ave

    Year built
    1895
    Property size
    2,854 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    17-100-1411
    APU
    171001411

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.2214
    Latitude
    44.0829
    CBSA code
    36940
    CBSA name
    OWATONNA, 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
    $3,358
    $29,000
    $150,400
    $179,400
    -
    $29,000
    $150,400
    $179,400

    Comparable in this City

    • Value Estimation
      $255,000
      2,042 SF

      221 Phelps St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,042 SF
      221 Phelps St, Owatonna, MN 55060-3353
      View Details
    • Value Estimation
      $390,000
      1,759 SF

      246 University St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,759 SF
      246 University St, Owatonna, MN 55060-3300
      View Details
    • Value Estimation
      $295,000
      2,796 SF

      245 Rice St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,796 SF
      245 Rice St, Owatonna, MN 55060-3092
      View Details
    • Value Estimation
      $240,000
      2,045 SF

      1917 Hartle Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,045 SF
      1917 Hartle Ave, Owatonna, MN 55060-4493
      View Details
    • Value Estimation
      $375,000
      1,772 SF

      560 Rose St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,772 SF
      560 Rose St, Owatonna, MN 55060-2661
      View Details
    • Value Estimation
      $270,000
      1,836 SF

      219 13th SW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,836 SF
      219 13th SW St, Owatonna, MN 55060-3951
      View Details

    Similar Nearby for Sale

    • $388,900
      0.12 Acres

      Owatonna Commercial Building with Apartments

      Well-maintained commercial building with retail space and residential apartments.
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    • $425,000

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      Tastefully finished townhome with flowing floor plan and natural privacy.
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    • $354,900
      1,511 SF

      Immaculate Two-Bedroom Townhome

      Like-new, single-level townhome with heated garage and modern finishes.
      2882 Meadowview Ln NE, Owatonna, MN 55060
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    • $450,000
      0.98 Acres

      Owatonna Office Redevelopment Site

      Prime 0.98-acre site, ideal for redevelopment.
      1930 Cedar Ave, Owatonna, MN 55060
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    • Contact for pricing
      19,300 SF

      Prime Owatonna Industrial Property

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      600 Hoffman Dr, Owatonna, MN 55060
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    Similar Nearby for Lease

    • $17 SF/Yr
      1,374 SF

      Owatonna Retail & Office Space

      1374 sq ft, prime location, high traffic.
      1100 Frontage Rd, Owatonna, MN 55060
      View Details
    • $8 SF/Yr
      69,971 SF

      Owatonna Flex Space Available

      Modern Flex Space, 6,400 SF Available
      1010 Hoffman Dr, Owatonna, MN 55060
      View Details
    • Contact for pricing

      Owatonna Warehouse Space Available

      Warehouse space available for lease in Owatonna, Minnesota.
      3350 Park Dr, Owatonna, MN 55060
      View Details
    • $14 SF/Yr
      1,785 SF

      Retail Space in High Traffic

      Retail space available in high-traffic Owatonna shopping center.
      2350 43Rd St NW, Owatonna, MN 55060
      View Details
    • $17 SF/Yr
      1,800 SF

      Retail Space in Downtown Owatonna

      Retail space available in Owatonna's new downtown development.
      207-211 N Cedar Ave, Owatonna, MN 55060
      View Details
    • $204 SF/Yr
      1,800 SF

      Downtown Owatonna Retail Space

      Prime Retail Space, 1800 sq ft, Owatonna, MN
      211 Cedar Ave, Owatonna, MN 55060
      View Details
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    222 Grv Ave
    Owatonna, MN 55060-3047
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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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