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    Property profile & analytics

    22638 191st Ave Richmond, MN 56368-8139

    • Commercial real estate
    • 3,936 SF
    • 5.05 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US46-1375415
    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

    • ANCHOR DOCK & LIFT / Marine Supply Store
    • Lake Friendly Lawncare and Landscaping / Landscaper / Service Establishment

    Property Details for 22638 191st Ave

    Year built
    1994
    Construction
    WOOD
    Lot size
    5.05 lot acres
    Property size
    3,936 SF
    Property type
    Commercial real estate
    APN
    36.23705.0001
    APU
    36237050001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $485,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $480,000
      Mixed-Use
      $455,000
      Hospitality
      $505,000
      Educational
      $505,000
      Residential Income
      $440,000
      Energy
      $525,000
      Income-Based Land
      $455,000
      Food Service
      $535,000

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.4999
    Latitude
    45.4511
    CBSA code
    41060
    CBSA name
    ST. CLOUD, MN METROPOLITAN 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
    $5,208
    $86,200
    $196,400
    $282,600
    -
    $86,200
    $196,400
    $282,600

    Comparable in this City

    • Value Estimation by Request
      17,440 SF

      18942 County Rd 83

      COMMERCIAL (GENERAL) • 17,440 SF
      18942 County Rd 83, Richmond, MN 56368-4514
      View Details
    • Value Estimation by Request
      2,080 SF

      375 Ivy SE Ave

      COMMERCIAL (GENERAL) • 2,080 SF
      375 Ivy SE Ave, Richmond, MN 56368-4509
      View Details
    • Value Estimation by Request
      162 SF

      141 Main W St

      COMMERCIAL (GENERAL) • 162 SF
      141 Main W St, Richmond, MN 56368-4519
      View Details
    • Value Estimation
      $285,000
      0.17 Acres

      348 Dutch NW Ave

      COMMERCIAL (GENERAL) • 0.17 Acres
      348 Dutch NW Ave, Richmond, MN 56368
      View Details
    • Value Estimation
      $195,000
      1,320 SF

      34 Main E St

      COMMERCIAL (GENERAL) • 1,320 SF
      34 Main E St, Richmond, MN 56368-8238
      View Details
    • Value Estimation
      $250,000
      6,003 SF

      151 Oakwood SE Ave

      COMMERCIAL (GENERAL) • 6,003 SF
      151 Oakwood SE Ave, Richmond, MN 56368-2100
      View Details

    Similar Nearby for Sale

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      Established Richmond Business w/ Land

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      View Details
    • Contact for pricing
      0.74 Acres

      Richmond Commercial Land Parcels

      Multiple lots, prime Stearns County location.
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      Buildable lot on blacktop road, minutes from town.
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      Richmond Commercial Property with Land

      Commercial property with extra land and business opportunity in Richmond.
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    • $1,800,000
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      79-acre residential land with lake frontage development opportunity.
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    22638 191st Ave
    Richmond, MN 56368-8139
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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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