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    Property profile & analytics

    32 2nd St Swanville, MN 56382

    • Grocery and convenience stores
    • 3,970 SF
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US46-1921946
    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

    • Grocery and convenience stores

    Property Details for 32 2nd St

    Year built
    1991
    Property size
    3,970 SF
    Property type
    Grocery and convenience stores
    APN
    46.0054.000
    APU
    460054000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Swanville
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.6402
    Latitude
    45.9158

    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
    $4,442
    $13,500
    $191,000
    $204,500
    -
    $13,500
    $191,000
    $204,500

    Comparable in this City

    • Value Estimation
      $375,000
      7,455 SF

      22 3rd St

      CONVENIENCE STORE • 7,455 SF
      22 3rd St, Swanville, MN 56382-3328
      View Details
    • Value Estimation
      $220,000
      7,605 SF

      217 Degraff Ave

      LAUNDROMAT (SELF-SERVICE) • 7,605 SF
      217 Degraff Ave, Swanville, MN 56382
      View Details
    • Value Estimation
      $310,000
      2,100 SF

      301 State 28

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      301 State 28, Swanville, MN 56382
      View Details
    • Value Estimation by Request
      2,976 SF

      303 Degraff Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,976 SF
      303 Degraff Ave, Swanville, MN 56382-3342
      View Details
    • Value Estimation
      $215,000
      7,084 SF

      202 Degraff Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,084 SF
      202 Degraff Ave, Swanville, MN 56382-3339
      View Details
    • Value Estimation
      $375,000
      5,112 SF

      306 Degraff Ave

      FINANCIAL BUILDING • 5,112 SF
      306 Degraff Ave, Swanville, MN 56382-3342
      View Details

    Similar Nearby for Sale

    • New
      $155,000
      0.09 Acres

      Turn-Key Cafe in Swanville, MN

      Established cafe with multiple income streams in Swanville, Minnesota.
      302 Degraff Ave, Swanville, MN 56382
      View Details
    • $479,900
      5.86 Acres

      Swanville Commercial Property on 5+ Acres

      Commercial/industrial property with newer construction on over 5 acres.
      11496 Highway 28, Swanville, MN 56382
      View Details
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    32 2nd St
    Swanville, MN 56382
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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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