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    Property profile & analytics

    228 Studdart Ave Graceville, MN 56240-5003

    • Motels
    • 1,716 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2030940
    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

    • Wolf House / Hotel
    • Star Bank Graceville / Bank / Atm

    Property Details for 228 Studdart Ave

    Year built
    1925
    Property size
    1,716 SF
    Property type
    Motels
    APN
    19-0137-000
    APU
    190137000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Graceville
    County
    Big Stone
    State
    Minnesota
    Longitude
    -96.4344
    Latitude
    45.5683

    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
    $766
    $0.00
    $0.00
    $38,400
    -
    $0.00
    $0.00
    $38,400

    Comparable in this City

    • Value Estimation by Request
      3,360 SF

      809 5th St

      MOTEL • 3,360 SF
      809 5th St, Graceville, MN 56240-7775
      View Details
    • Value Estimation by Request
      3,360 SF

      415 3rd St

      MOTEL • 3,360 SF
      415 3rd St, Graceville, MN 56240-4837
      View Details
    • Value Estimation by Request
      10,576 SF

      717 5th St

      MOTEL • 10,576 SF
      717 5th St, Graceville, MN 56240-9769
      View Details
    • Value Estimation by Request

      Graceville, MN 56240

      COMMERCIAL (GENERAL)
      Graceville, MN 56240
      View Details
    • Value Estimation by Request

      Graceville, MN 56240

      COMMERCIAL (GENERAL)
      Graceville, MN 56240
      View Details
    • Value Estimation by Request

      922 2nd St

      COMMERCIAL (GENERAL)
      922 2nd St, Graceville, MN 56240-7737
      View Details

    Similar Nearby for Sale

    • $675,000
      4,087 SF

      Graceville Warehouse - $675K

      Prime Graceville Commercial Warehouse; 4,087 sq ft.
      317 Studdart Ave, Graceville, MN 56240
      View Details
    • $165,000
      1,750 SF

      Graceville Commercial Building - Great Potential

      1,750 sq ft building on 0.06 acres. Ideal for various uses.
      517 3Rd St, Graceville, MN 56240
      View Details
    • $599,000
      0.23 Acres

      Established Bar and Restaurant Opportunity

      Thriving bar and restaurant in Graceville, MN, a local favorite.
      317 Studdart Ave, Graceville, MN 56240
      View Details
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    228 Studdart Ave
    Graceville, MN 56240-5003
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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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