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    Property profile & analytics

    223 Main St Zumbrota, MN 55992-1541

    • Bars
    • 5,580 SF
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US46-1828974
    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

    • Zumbrota Liquor Store / Liquor Store
    • The Guilty Goose / Bar
    • Innocent Duck Games / Game Store

    Property Details for 223 Main St

    Year built
    1976
    Property size
    5,580 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    72.100.1470
    APU
    721001470

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Zumbrota
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.6688
    Latitude
    44.2948
    CBSA code
    39860
    CBSA name
    RED WING, 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
    $7,568
    $50,400
    $256,200
    $306,600
    -
    $50,400
    $256,200
    $306,600

    Comparable in this City

    • Value Estimation by Request
      4,254 SF

      2103 180th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,254 SF
      2103 180th Ave, Zumbrota, MN 55992-5191
      View Details
    • Value Estimation
      $560,000
      3,585 SF

      215 18th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,585 SF
      215 18th St, Zumbrota, MN 55992-1010
      View Details
    • Value Estimation
      $290,000
      3,096 SF

      256 Main St

      RESTAURANT • 3,096 SF
      256 Main St, Zumbrota, MN 55992-1542
      View Details
    • Value Estimation
      $475,000
      8,002 SF

      Zumbrota, MN 55992

      RESTAURANT • 8,002 SF
      Zumbrota, MN 55992
      View Details
    • Value Estimation by Request
      2,080 SF

      30 3rd St

      LAUNDROMAT (SELF-SERVICE) • 2,080 SF
      30 3rd St, Zumbrota, MN 55992-1506
      View Details
    • Value Estimation by Request
      19,352 SF

      228 Ww Ave

      RETAIL STORES (PERSONAL SERVICES) • 19,352 SF
      228 Ww Ave, Zumbrota, MN 55992-1548
      View Details

    Similar Nearby for Sale

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      3,096 SF

      Turnkey Restaurant with Apartment Included

      Established restaurant with equipment, assets, and one-bedroom apartment.
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    • $394,900
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      Commercial Property with Expansion Potential

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      Turn-key school/daycare facility with redevelopment potential in Zumbrota, MN.
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    • $799,000
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      Versatile Warehouse Space on 1.53 Acres

      6,600 SF warehouse with office and freezer space for sale.
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    • Contact for pricing
      0.17 Acres

      Affordable Commercial Space in Zumbrota

      Commercial office or storage space for rent in downtown Zumbrota.
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    Zumbrota, MN 55992-1541
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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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