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    Property profile & analytics

    304 2nd St Hanska, MN 56041-7728

    • Flex space
    • 2,050 SF
    • 1.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 27, 2022
    $18,000
    Location Intelligence
    Property ID
    US46-2076368
    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

    • Flex space

    Property Details for 304 2nd St

    Year built
    1960
    Lot size
    1.75 lot acres
    Property size
    2,050 SF
    Property type
    Flex space
    APN
    007.024.007.01.027
    APU
    702400701027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanska
    County
    Brown
    State
    Minnesota
    Longitude
    -94.4982
    Latitude
    44.1483
    CBSA code
    35580
    CBSA name
    NEW ULM, MN MICROPOLITAN 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
    $900
    $16,100
    $7,600
    $23,700
    -
    $16,100
    $7,600
    $23,700

    Comparable in this City

    • Value Estimation
      $330,000
      5,400 SF

      309 Railroad Ave

      LIGHT INDUSTRIAL • 5,400 SF
      309 Railroad Ave, Hanska, MN 56041-4244
      View Details
    • Value Estimation
      $440,000
      10,500 SF

      25221 County Rd 20

      LIGHT INDUSTRIAL • 10,500 SF
      25221 County Rd 20, Hanska, MN 56041-4169
      View Details
    • Value Estimation
      $480,000
      10,080 SF

      Hanska, MN 56041

      LIGHT INDUSTRIAL • 10,080 SF
      Hanska, MN 56041
      View Details
    • Value Estimation
      $365,000
      1,440 SF

      16074 State Hwy 257

      INDUSTRIAL (GENERAL) • 1,440 SF
      16074 State Hwy 257, Hanska, MN 56041
      View Details
    • Value Estimation
      $335,000
      5.00 Acres

      Hanska, MN 56041

      INDUSTRIAL (GENERAL) • 5.00 Acres
      Hanska, MN 56041
      View Details
    • Value Estimation
      $220,000
      4,800 SF

      Hanska, MN 56041

      INDUSTRIAL (GENERAL) • 4,800 SF
      Hanska, MN 56041
      View Details
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    304 2nd St
    Hanska, MN 56041-7728
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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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