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    Property profile & analytics

    37051 Hwy 27 Hillman, MN 56338-2260

    • Turn key restaurants
    • 3,294 SF
    • 3.67 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 02, 2024
    $41,600
    Location Intelligence
    Property ID
    US46-1926931
    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

    • Turn key restaurants

    Property Details for 37051 Hwy 27

    Year built
    1950
    Construction
    WOOD
    Lot size
    3.67 lot acres
    Property size
    3,294 SF
    Property type
    Turn key restaurants
    APN
    26.0462.000
    APU
    260462000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillman
    County
    Morrison
    State
    Minnesota
    Longitude
    -93.8923
    Latitude
    46.0769

    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
    $2,298
    $36,900
    $153,200
    $190,100
    -
    $36,900
    $153,200
    $190,100

    Comparable in this City

    • Value Estimation by Request
      2,716 SF

      37297 168th St

      RESTAURANT • 2,716 SF
      37297 168th St, Hillman, MN 56338-6104
      View Details
    • Value Estimation
      $305,000
      3,520 SF

      36972 Hwy 27

      RESTAURANT • 3,520 SF
      36972 Hwy 27, Hillman, MN 56338-2259
      View Details
    • Value Estimation by Request
      3,986 SF

      37285 167th St

      NIGHTCLUB (COCKTAIL LOUNGE) • 3,986 SF
      37285 167th St, Hillman, MN 56338-6112
      View Details
    • Value Estimation
      $325,000
      5,780 SF

      26485 370th Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,780 SF
      26485 370th Ave, Hillman, MN 56338-2370
      View Details
    • Value Estimation by Request
      240 SF

      20385 370th Ave

      AUTO REPAIR, GARAGE • 240 SF
      20385 370th Ave, Hillman, MN 56338
      View Details
    • Value Estimation by Request
      1,792 SF

      26277 370th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,792 SF
      26277 370th Ave, Hillman, MN 56338-2348
      View Details
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    37051 Hwy 27
    Hillman, MN 56338-2260
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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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