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    Property profile & analytics

    26267 240th St Nevis, MN 56467-4116

    • Manufacturing properties
    • 3,847 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 24, 2023
    Location Intelligence
    Property ID
    US46-2790294
    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 26267 240th St

    Year built
    1976
    Lot size
    5.00 lot acres
    Property size
    3,847 SF
    Property type
    Manufacturing properties
    APN
    20.26.00320
    APU
    202600320

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nevis
    County
    Hubbard
    State
    Minnesota
    Longitude
    -94.8163
    Latitude
    47.0061

    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
    $801
    $37,000
    $56,600
    $93,600
    -
    $37,000
    $56,600
    $93,600

    Comparable in this City

    • Value Estimation
      $210,000
      4,940 SF

      107 State 34

      MANUFACTURING (LIGHT) • 4,940 SF
      107 State 34, Nevis, MN 56467-5010
      View Details
    • Value Estimation
      $470,000
      4,592 SF

      205 State 34

      MANUFACTURING (LIGHT) • 4,592 SF
      205 State 34, Nevis, MN 56467-5055
      View Details
    • Value Estimation by Request
      744 SF

      115 Nn E St

      LUMBERYARD, BUILDING MATERIALS • 744 SF
      115 Nn E St, Nevis, MN 56467
      View Details
    • Value Estimation by Request
      2,880 SF

      Nevis, MN 56467

      MINI-WAREHOUSE, STORAGE • 2,880 SF
      Nevis, MN 56467
      View Details
    • Value Estimation by Request
      2,600 SF

      Nevis, MN 56467

      LUMBERYARD, BUILDING MATERIALS • 2,600 SF
      Nevis, MN 56467
      View Details
    • Value Estimation by Request
      2,521 SF

      101 Church St

      LIGHT INDUSTRIAL • 2,521 SF
      101 Church St, Nevis, MN 56467
      View Details

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      Xxx Elk Hvn Dr, Nevis, MN 56467
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      Nevis, MN 10-Acre Parcel

      10-acre parcel ready for your ideal retreat near Nevis, MN.
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      4.82 acres with highway frontage and lake views.
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    26267 240th St
    Nevis, MN 56467-4116
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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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