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    Property profile & analytics

    301 Hwy 23rd S Sandstone, MN 55072-5045

    • Apartment buildings
    • 4,416 SF
    • 15.37 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Last Sale
    Jun 10, 2020
    $155,000
    Location Intelligence
    Property ID
    US46-1150265
    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

    • Apartment buildings

    Property Details for 301 Hwy 23rd S

    Year built
    1958
    Construction
    WOOD
    Lot size
    15.37 lot acres
    Property size
    4,416 SF
    Property type
    Apartment buildings
    APN
    45.0101.006
    APU
    450101006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sandstone
    County
    Pine
    State
    Minnesota
    Longitude
    -92.8777
    Latitude
    46.1268

    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
    $7,266
    $89,600
    $316,400
    $406,000
    -
    $89,600
    $316,400
    $406,000

    Comparable in this City

    • Value Estimation by Request
      21,678 SF

      109 Ct S Ave

      APARTMENT HOUSE (5+ UNITS) • 21,678 SF
      109 Ct S Ave, Sandstone, MN 55072-5120
      View Details
    • Value Estimation by Request
      13,712 SF

      300 Commercial N Ave

      APARTMENT HOUSE (5+ UNITS) • 13,712 SF
      300 Commercial N Ave, Sandstone, MN 55072-4703
      View Details
    • Value Estimation by Request
      0.70 Acres

      Sandstone, MN 55072

      APARTMENT HOUSE (5+ UNITS) • 0.70 Acres
      Sandstone, MN 55072
      View Details
    • Value Estimation by Request
      23,651 SF

      1109 Lundorff Dr

      APARTMENT HOUSE (5+ UNITS) • 23,651 SF
      1109 Lundorff Dr, Sandstone, MN 55072-2041
      View Details
    • Value Estimation
      $235,000
      6,418 SF

      414 Riv Blf Ave

      APARTMENT HOUSE (5+ UNITS) • 6,418 SF
      414 Riv Blf Ave, Sandstone, MN 55072-4734
      View Details
    • Value Estimation
      $180,000
      1,376 SF

      517 Commercial N Ave

      APARTMENT HOUSE (5+ UNITS) • 1,376 SF
      517 Commercial N Ave, Sandstone, MN 55072-5232
      View Details

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    Sandstone, MN 55072-5045
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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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