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    Property profile & analytics

    501 3rd E Ave Osakis, MN 56360-4403

    • Commercial real estate
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1277177
    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

    • Commercial real estate

    Property Details for 501 3rd E Ave

    Lot size
    1.21 lot acres
    Property type
    Commercial real estate
    APN
    93-0028-550
    APU
    930028550

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Osakis
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.1466
    Latitude
    45.864
    CBSA code
    10820
    CBSA name
    ALEXANDRIA, 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
    $496
    $24,300
    $0.00
    $24,300
    -
    $24,300
    $0.00
    $24,300

    Comparable in this City

    • Value Estimation by Request
      6.15 Acres

      Osakis, MN 56360

      COMMERCIAL (GENERAL) • 6.15 Acres
      Osakis, MN 56360
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    • Value Estimation by Request
      0.27 Acres

      1st E Ave

      COMMERCIAL (GENERAL) • 0.27 Acres
      1st E Ave, Osakis, MN 56360
      View Details
    • Value Estimation by Request
      5.03 Acres

      17312 County 10

      COMMERCIAL (GENERAL) • 5.03 Acres
      17312 County 10, Osakis, MN 56360-4727
      View Details
    • Value Estimation by Request
      1,280 SF

      801 Nokomis St

      COMMERCIAL (GENERAL) • 1,280 SF
      801 Nokomis St, Osakis, MN 56360-5500
      View Details
    • Value Estimation by Request
      10.01 Acres

      Osakis, MN 56360

      COMMERCIAL (GENERAL) • 10.01 Acres
      Osakis, MN 56360
      View Details
    • Value Estimation by Request
      0.55 Acres

      100 Central Ave

      COMMERCIAL (GENERAL) • 0.55 Acres
      100 Central Ave, Osakis, MN 56360
      View Details

    Similar Nearby for Sale

    • $82,500
      7.00 Acres

      Osakis Land with Buildable Space

      7-acre property near Lake Osakis with wooded terrain.
      County 1, Osakis, MN 56360
      View Details
    • $102,500
      3.00 Acres

      Osakis Buildable Lot Near Lake

      3+/- acre lot near Lake Osakis for dream home.
      Tbd County 1, Osakis, MN 56360
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    • $205,000
      15.00 Acres

      Osakis Land for Varied Use

      15+/- acres suitable for building, farming, or recreation near Lake Osakis.
      22280 County 1, Osakis, MN 56360
      View Details
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    501 3rd E Ave
    Osakis, MN 56360-4403
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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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