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    Property profile & analytics

    450 Pkwy Ave Eagle Lake, MN 56024-7711

    • Retail space
    • 2,016 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 10, 2020
    $20,818
    Location Intelligence
    Property ID
    US46-2856388
    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

    • Retail space

    Property Details for 450 Pkwy Ave

    Year built
    2020
    Lot size
    0.29 lot acres
    Property size
    2,016 SF
    Property type
    Retail space
    APN
    R12.10.18.103.011
    APU
    R121018103011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eagle Lake
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.8857
    Latitude
    44.1655
    CBSA code
    31860
    CBSA name
    MANKATO-NORTH MANKATO, 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
    2024
    $5,364
    $42,000
    $164,100
    $206,100
    -
    $42,000
    $164,100
    $206,100

    Comparable in this City

    • Value Estimation
      $180,000
      1,500 SF

      500 Pkwy Ave

      BARBER, HAIR SALON • 1,500 SF
      500 Pkwy Ave, Eagle Lake, MN 56024-7724
      View Details
    • Value Estimation by Request
      2,900 SF

      Eagle Lake, MN 56024

      FINANCIAL BUILDING • 2,900 SF
      Eagle Lake, MN 56024
      View Details
    • Value Estimation by Request
      3,964 SF

      101 598th Ave

      CONVENIENCE STORE • 3,964 SF
      101 598th Ave, Eagle Lake, MN 56024-4505
      View Details
    • Value Estimation
      $205,000
      1,440 SF

      141 Agency St

      LAUNDROMAT (SELF-SERVICE) • 1,440 SF
      141 Agency St, Eagle Lake, MN 56024-9652
      View Details
    • Value Estimation by Request
      3,280 SF

      401 Pkwy Ave

      CONVENIENCE STORE • 3,280 SF
      401 Pkwy Ave, Eagle Lake, MN 56024-7711
      View Details
    • Value Estimation
      $400,000
      3,876 SF

      100 2nd St

      BAR, TAVERN • 3,876 SF
      100 2nd St, Eagle Lake, MN 56024-9647
      View Details

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    450 Pkwy Ave
    Eagle Lake, MN 56024-7711
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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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