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    Property profile & analytics

    410 3rd St Red Wing, MN 55066-2309

    • Investment properties
    • 4,960 SF
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US46-1500682
    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

    • Hanisch Bakery and Coffee Shop / Wedding Bakery / Cafe

    Property Details for 410 3rd St

    Year built
    1900
    Property size
    4,960 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    55.005.3850
    APU
    550053850

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Red Wing
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.5347
    Latitude
    44.565
    CBSA code
    39860
    CBSA name
    RED WING, 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
    $9,344
    $44,800
    $359,800
    $404,600
    -
    $44,800
    $359,800
    $404,600

    Comparable in this City

    • Value Estimation
      $325,000
      4,440 SF

      321 Main St

      STORE/OFFICE (MIXED USE) • 4,440 SF
      321 Main St, Red Wing, MN 55066-2322
      View Details
    • Value Estimation
      $380,000
      6,760 SF

      806 Main St

      STORE/OFFICE (MIXED USE) • 6,760 SF
      806 Main St, Red Wing, MN 55066-2257
      View Details
    • Value Estimation
      $205,000
      6,272 SF

      215 Bush St

      STORE/OFFICE (MIXED USE) • 6,272 SF
      215 Bush St, Red Wing, MN 55066-2313
      View Details
    • Value Estimation
      $270,000
      7,680 SF

      317 Bush St

      STORE/OFFICE (MIXED USE) • 7,680 SF
      317 Bush St, Red Wing, MN 55066-2527
      View Details
    • Value Estimation
      $360,000
      7,092 SF

      401 3rd St

      STORE/OFFICE (MIXED USE) • 7,092 SF
      401 3rd St, Red Wing, MN 55066-2310
      View Details
    • Value Estimation
      $400,000
      11,448 SF

      325 Main St

      STORE/OFFICE (MIXED USE) • 11,448 SF
      325 Main St, Red Wing, MN 55066-2356
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Charming commercial building in Red Wing, ideal for retail/office.
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    • New
      $50,000
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      Level lot in a cul-de-sac, ready for new home.
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      Two Acre Residential Building Site

      Two acre lot with wooded backyard and valley views.
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      Red Wing Development Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      26,640 SF

      Prime Red Wing Executive Office Space

      Historic building, flexible suites, downtown location.
      222 Bush St, Red Wing, MN 55066
      View Details
    • $950,000
      3,000 SF

      Equipped Suite in Historic Red Wing

      3,000 sq ft suite equipped for salon, spa, wellness.
      210-214 Bush St, Red Wing, MN 55066
      View Details
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    410 3rd St
    Red Wing, MN 55066-2309
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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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