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    Property profile & analytics

    232 2nd NW St Ortonville, MN 56278-1411

    • Grocery and convenience stores
    • 2,500 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2018498
    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

    • Grocery and convenience stores

    Property Details for 232 2nd NW St

    Year built
    1900
    Property size
    2,500 SF
    Property type
    Grocery and convenience stores
    APN
    22-0202-000
    APU
    220202000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ortonville
    County
    Big Stone
    State
    Minnesota
    Longitude
    -96.4469
    Latitude
    45.3071

    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
    $550
    $0.00
    $0.00
    $34,400
    -
    $0.00
    $0.00
    $34,400

    Comparable in this City

    • Value Estimation by Request

      132 2nd NW St

      CONVENIENCE STORE
      132 2nd NW St, Ortonville, MN 56278-1487
      View Details
    • Value Estimation by Request
      2,500 SF

      136 2nd NW St

      CONVENIENCE STORE • 2,500 SF
      136 2nd NW St, Ortonville, MN 56278-1409
      View Details
    • Value Estimation by Request

      33 Riv St

      CONVENIENCE STORE
      33 Riv St, Ortonville, MN 56278-2162
      View Details
    • Value Estimation by Request
      1,440 SF

      221 2nd SE St

      CONVENIENCE STORE • 1,440 SF
      221 2nd SE St, Ortonville, MN 56278-1537
      View Details
    • Value Estimation by Request
      15,800 SF

      149 1st NW St

      GROCERY, SUPERMARKET • 15,800 SF
      149 1st NW St, Ortonville, MN 56278-1437
      View Details
    • Value Estimation by Request

      624 2nd SE St

      CONVENIENCE STORE
      624 2nd SE St, Ortonville, MN 56278-1701
      View Details

    Similar Nearby for Sale

    • $250,000
      2,660 SF

      Former C Store Ortonville, MN

      Former convenience store on corner lot in Ortonville, Minnesota.
      624 2Nd St SE, Ortonville, MN 56278
      View Details
    • $98,000
      1,000 SF

      Downtown Ortonville Commercial Building For Sale

      1,000 sq ft commercial building in downtown Ortonville, Minnesota.
      118 2Nd St NW, Ortonville, MN 56278
      View Details
    • $200,000
      Pending

      Thriving Ortonville Coffee Shop Opportunity

      Turnkey coffee shop business for sale on Main Street.
      122 2Nd St NW, Ortonville, MN 56278
      View Details
    • $150,000
      2,280 SF

      Ortonville Main Street Business Opportunity

      Prime location, versatile space, ready to operate.
      221 2Nd St, Ortonville, MN 56278
      View Details
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    232 2nd NW St
    Ortonville, MN 56278-1411
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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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