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    Property profile & analytics

    511 Main St Onamia, MN 56359

    • Commercial real estate
    • 384 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 05, 2022
    $25,000
    Location Intelligence
    Property ID
    US46-1441413
    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

    • Main Street Mini Mall / Musical Instrument Store
    • Onamia Auction House / Auction House

    Property Details for 511 Main St

    Year built
    1975
    Property size
    384 SF
    Property type
    Commercial real estate
    APN
    22-041-0560
    APU
    220410560

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Onamia
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.6668
    Latitude
    46.0703
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
    $1,882
    $6,000
    $83,700
    $89,700
    -
    $6,000
    $83,700
    $89,700

    Comparable in this City

    • Value Estimation by Request

      102 Roosevelt S Rd

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      7.50 Acres

      41334 Shakopee Lk Rd

      COMMERCIAL (GENERAL) • 7.50 Acres
      41334 Shakopee Lk Rd, Onamia, MN 56359-2230
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      110 Wall S St

      COMMERCIAL (GENERAL)
      110 Wall S St, Onamia, MN 56359
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    • Value Estimation by Request

      510 Railroad W Ave

      COMMERCIAL (GENERAL)
      510 Railroad W Ave, Onamia, MN 56359-2710
      View Details
    • Value Estimation
      $3,500,000
      10.00 Acres

      40005 85th Ave

      COMMERCIAL (GENERAL) • 10.00 Acres
      40005 85th Ave, Onamia, MN 56359-7841
      View Details
    • Value Estimation
      $65,000
      1,892 SF

      600 Kathio St

      COMMERCIAL (GENERAL) • 1,892 SF
      600 Kathio St, Onamia, MN 56359-4553
      View Details

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    511 Main St
    Onamia, MN 56359
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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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