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    Property profile & analytics

    2506 Central NE Ave Minneapolis, MN 55418-3726

    • Commercial real estate
    • 5,242 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0789427
    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

    • Commercial real estate

    Property Details for 2506 Central NE Ave

    Year built
    1907
    Construction
    CONCRETE
    Lot size
    0.19 lot acres
    Property size
    5,242 SF
    Zone code
    C1
    Property type
    Commercial real estate
    APN
    11-029-24-14-0046
    APU
    1102924140046

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2479
    Latitude
    45.0136
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 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
    $24,903
    $130,300
    $674,700
    $805,000
    -
    $130,300
    $674,700
    $805,000

    Comparable in this City

    • Value Estimation by Request
      3,652 SF

      3207 Central NE Ave

      COMMERCIAL (GENERAL) • 3,652 SF
      3207 Central NE Ave, Minneapolis, MN 55418-2125
      View Details
    • Value Estimation by Request
      15,282 SF

      2303 18th NE Ave

      COMMERCIAL (GENERAL) • 15,282 SF
      2303 18th NE Ave, Minneapolis, MN 55418
      View Details
    • Value Estimation by Request
      3,962 SF

      2555 California NE St

      COMMERCIAL (GENERAL) • 3,962 SF
      2555 California NE St, Minneapolis, MN 55418-3310
      View Details
    • Value Estimation by Request
      6,320 SF

      2513 Central NE Ave

      COMMERCIAL (GENERAL) • 6,320 SF
      2513 Central NE Ave, Minneapolis, MN 55418-3725
      View Details
    • Value Estimation by Request
      7,677 SF

      3002 Mckinley NE St

      COMMERCIAL (GENERAL) • 7,677 SF
      3002 Mckinley NE St, Minneapolis, MN 55418-2318
      View Details
    • Value Estimation by Request
      83,906 SF

      2250 Garfield NE St

      COMMERCIAL (GENERAL) • 83,906 SF
      2250 Garfield NE St, Minneapolis, MN 55418-3927
      View Details

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    Property Visit Statistics

    • Visits by month
      744
    • Visitors by month
      1.3k
    • Avg Time on site
      23 min
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    2506 Central NE Ave
    Minneapolis, MN 55418-3726
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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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