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    Property profile & analytics

    405 Thorpe Ave Ada, MN 56510-1656

    • Automotive properties
    • 2,048 SF
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US46-2290541
    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

    • Automotive properties

    Property Details for 405 Thorpe Ave

    Year built
    1998
    Property size
    2,048 SF
    Property type
    Automotive properties
    APN
    25-0807000
    APU
    250807000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ada
    County
    Norman
    State
    Minnesota
    Longitude
    -96.5211
    Latitude
    47.2958

    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
    $3,442
    $4,500
    $155,000
    $159,500
    -
    $4,500
    $155,000
    $159,500

    Comparable in this City

    • Value Estimation
      $415,000
      3,840 SF

      2099 State Hwy 9th 9

      VEHICLE SALES, RENTALS • 3,840 SF
      2099 State Hwy 9th 9, Ada, MN 56510-9301
      View Details
    • Value Estimation
      $340,000
      1,584 SF

      503 Main St

      VEHICLE SALES, RENTALS • 1,584 SF
      503 Main St, Ada, MN 56510-1348
      View Details
    • Value Estimation
      $440,000
      4,000 SF

      2575 State Hwy 200

      VEHICLE SALES, RENTALS • 4,000 SF
      2575 State Hwy 200, Ada, MN 56510-9202
      View Details
    • Value Estimation
      $300,000
      1,680 SF

      2491 State Hwy 200

      VEHICLE SALES, RENTALS • 1,680 SF
      2491 State Hwy 200, Ada, MN 56510-9145
      View Details
    • Value Estimation by Request
      1,200 SF

      503 Main St

      CAR WASH • 1,200 SF
      503 Main St, Ada, MN 56510-1348
      View Details
    • Value Estimation by Request
      1,290 SF

      405 Thorpe Ave

      CAR WASH • 1,290 SF
      405 Thorpe Ave, Ada, MN 56510-1656
      View Details
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    405 Thorpe Ave
    Ada, MN 56510-1656
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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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