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    Property profile & analytics

    412 3rd St International Falls, MN 56649-2310

    • Bars
    • 2,400 SF
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    May 29, 2020
    $84,000
    Location Intelligence
    Property ID
    US46-2350069
    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

    • Bars

    Property Details for 412 3rd St

    Year built
    1959
    Property size
    2,400 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    92-006-17160
    APU
    9200617160

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    International Falls
    County
    Koochiching
    State
    Minnesota
    Longitude
    -93.4058
    Latitude
    48.603

    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
    2022
    $1,744
    $13,700
    $60,200
    $73,900
    -
    $13,700
    $60,200
    $73,900

    Comparable in this City

    • Value Estimation
      $375,000
      2,720 SF

      5536 Hwy 11

      BAR, TAVERN • 2,720 SF
      5536 Hwy 11, International Falls, MN 56649-9009
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    • Value Estimation by Request
      6,478 SF

      3536 Hwy 11th E

      BAR, TAVERN • 6,478 SF
      3536 Hwy 11th E, International Falls, MN 56649
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    • Value Estimation by Request
      2,120 SF

      2094 Spruce St

      BAR, TAVERN • 2,120 SF
      2094 Spruce St, Ranier, MN 56649
      View Details
    • Value Estimation
      $235,000
      3,080 SF

      1731 2nd Ave

      BAR, TAVERN • 3,080 SF
      1731 2nd Ave, International Falls, MN 56649-3450
      View Details
    • Value Estimation
      $225,000
      3,300 SF

      338 3rd St

      RESTAURANT • 3,300 SF
      338 3rd St, International Falls, MN 56649-2301
      View Details
    • Value Estimation
      $520,000
      4,690 SF

      1700 2nd Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,690 SF
      1700 2nd Ave, International Falls, MN 56649-3445
      View Details

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    412 3rd St
    International Falls, MN 56649-2310
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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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