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    Property profile & analytics

    308 Ash N Ave Mayer, MN 55360-9601

    • Grocery and convenience stores
    • 4,088 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Jan 22, 2025
    $526,188
    Location Intelligence
    Property ID
    US46-0830545
    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

    • FillMeUp & BP Food & Fuel / Gas Station
    • bp / Gas Station / Car Wash
    • Hunt Brothers Pizza / Pizza Restaurant / Pizza Takeout
    • Clark EssentialClean Mayer / Chimney Sweep

    Property Details for 308 Ash N Ave

    Year built
    1984
    Lot size
    0.69 lot acres
    Property size
    4,088 SF
    Property type
    Grocery and convenience stores
    APN
    50-0500350
    APU
    500500350

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $365,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $395,000
      Mixed-Use
      $365,000
      Hospitality
      $470,000
      Educational
      $480,000
      Residential Income
      $360,000
      Energy
      $425,000
      Income-Based Land
      $365,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Mayer
    County
    Carver
    State
    Minnesota
    Longitude
    -93.8876
    Latitude
    44.8871
    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
    2024
    $5,396
    $105,200
    $143,600
    $248,800
    -
    $105,200
    $143,600
    $248,800

    Comparable in this City

    • Value Estimation
      $250,000
      2,240 SF

      255 Ash N Ave

      GYM, HEALTH SPA • 2,240 SF
      255 Ash N Ave, Mayer, MN 55360-9658
      View Details
    • Value Estimation
      $110,000
      1,400 SF

      200 Ash N Ave

      LAUNDROMAT (SELF-SERVICE) • 1,400 SF
      200 Ash N Ave, Mayer, MN 55360-9658
      View Details
    • Value Estimation by Request
      3,500 SF

      101 Ash N Ave

      FINANCIAL BUILDING • 3,500 SF
      101 Ash N Ave, Mayer, MN 55360-9692
      View Details
    • Value Estimation
      $220,000
      3,712 SF

      201 Ash S Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,712 SF
      201 Ash S Ave, Mayer, MN 55360-9696
      View Details
    • Value Estimation
      $215,000
      1,848 SF

      201 Ash S Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,848 SF
      201 Ash S Ave, Mayer, MN 55360-9696
      View Details
    • Value Estimation
      $190,000
      2,006 SF

      317 Ash N Ave

      FINANCIAL BUILDING • 2,006 SF
      317 Ash N Ave, Mayer, MN 55360-9601
      View Details
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    Mayer, MN 55360-9601
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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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