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    Property profile & analytics

    503 1st NW Ave Little Falls, MN 56345-1322

    • Auto shops
    • 3,292 SF
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US46-1923491
    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

    • Auto shops

    Property Details for 503 1st NW Ave

    Year built
    1969
    Property size
    3,292 SF
    Property type
    Auto shops
    APN
    49.0242.001
    APU
    490242001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Morrison
    State
    Minnesota
    Longitude
    -94.3765
    Latitude
    45.9778

    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
    $2,526
    $30,600
    $116,800
    $147,400
    -
    $30,600
    $116,800
    $147,400

    Comparable in this City

    • Value Estimation by Request
      1,392 SF

      12473 130th St

      AUTO REPAIR, GARAGE • 1,392 SF
      12473 130th St, Little Falls, MN 56345
      View Details
    • Value Estimation
      $190,000
      1,520 SF

      1201 Lindbergh NW Dr

      AUTO REPAIR, GARAGE • 1,520 SF
      1201 Lindbergh NW Dr, Little Falls, MN 56345-1040
      View Details
    • Value Estimation by Request
      1,800 SF

      1620 Lindbergh S Dr

      AUTO REPAIR, GARAGE • 1,800 SF
      1620 Lindbergh S Dr, Little Falls, MN 56345-1982
      View Details
    • Value Estimation
      $385,000
      6,000 SF

      11245 150th Ave

      AUTO REPAIR, GARAGE • 6,000 SF
      11245 150th Ave, Little Falls, MN 56345-6377
      View Details
    • Value Estimation
      $335,000
      286 SF

      15738 153rd St

      AUTO REPAIR, GARAGE • 286 SF
      15738 153rd St, Little Falls, MN 56345
      View Details
    • Value Estimation
      $200,000
      5,600 SF

      14353 160th Ave

      AUTO REPAIR, GARAGE • 5,600 SF
      14353 160th Ave, Little Falls, MN 56345-3321
      View Details

    Similar Nearby for Sale

    • $165,000
      2.51 Acres

      Land with Untouched Acreage Border

      2.51-acre lot near Little Falls with mature trees.
      Hillton Rd, Little Falls, MN 56345
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    • $165,000
      2.51 Acres

      Land Parcel Near Little Falls

      2.51-acre lot south of Little Falls with mature trees.
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    • $50,400
      0.46 Acres

      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
      23 Edmund St, Little Falls, MN 56345
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    • $50,400
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      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
      3 Weston Cir, Little Falls, MN 56345
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    • $50,400
      0.37 Acres

      Residential Lots in Little Falls

      Residential lots available in Little Falls, MN with city utilities.
      25 Edmund St, Little Falls, MN 56345
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    • $297,000
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      Prime Land in Little Falls

      3-acre property with development potential in a desirable location.
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    Similar Nearby for Lease

    • $23 SF/Yr
      2,400 SF

      New Office Space for Lease

      Modern office space near Broadway Ave and Mississippi River.
      117 Wood St, Little Falls, MN 56345
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Space in Little Falls

      Industrial space for lease near Hwy 371 and Hwy 10.
      609 13Th Ave NE, Little Falls, MN 56345
      View Details
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    503 1st NW Ave
    Little Falls, MN 56345-1322
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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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