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    Property profile & analytics

    2260 Albert S Ave Park Rapids, MN 56470-2524

    • Manufacturing properties
    • 4,000 SF
    • 5.30 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Oct 14, 2022
    Location Intelligence
    Property ID
    US46-2397607
    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

    • Manufacturing properties

    Property Details for 2260 Albert S Ave

    Year built
    1997
    Lot size
    5.30 lot acres
    Property size
    4,000 SF
    Property type
    Manufacturing properties
    APN
    27.36.01060
    APU
    273601060

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Park Rapids
    County
    Hubbard
    State
    Minnesota
    Longitude
    -95.0571
    Latitude
    46.8979

    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
    $4,669
    $38,500
    $297,200
    $335,700
    -
    $38,500
    $297,200
    $335,700

    Comparable in this City

    • Value Estimation
      $250,000
      5,200 SF

      613 Central N Ave

      MANUFACTURING (LIGHT) • 5,200 SF
      613 Central N Ave, Park Rapids, MN 56470-7805
      View Details
    • Value Estimation
      $260,000
      9,760 SF

      19139 State 34

      MANUFACTURING (LIGHT) • 9,760 SF
      19139 State 34, Park Rapids, MN 56470-2303
      View Details
    • Value Estimation by Request
      3,456 SF

      Park

      HEAVY MANUFACTURING • 3,456 SF
      Park, Rapids, MN 56470
      View Details
    • Value Estimation
      $675,000
      18,160 SF

      1608 Industry Ave

      MANUFACTURING (LIGHT) • 18,160 SF
      1608 Industry Ave, Park Rapids, MN 56470-5430
      View Details
    • Value Estimation
      $345,000
      14,400 SF

      19974 129th Ave

      MANUFACTURING (LIGHT) • 14,400 SF
      19974 129th Ave, Park Rapids, MN 56470-3284
      View Details
    • Value Estimation
      $215,000
      3,972 SF

      12823 Emu Dr

      MANUFACTURING (LIGHT) • 3,972 SF
      12823 Emu Dr, Park Rapids, MN 56470-3375
      View Details

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    2260 Albert S Ave
    Park Rapids, MN 56470-2524
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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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