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    Property profile & analytics

    516 2nd Ave International Falls, MN 56649-2418

    • Warehouses
    • 1,728 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2592891
    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

    • Warehouses

    Property Details for 516 2nd Ave

    Year built
    1963
    Property size
    1,728 SF
    Property type
    Warehouses
    APN
    92-006-12170
    APU
    9200612170

    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
    -93.4027
    Latitude
    48.6

    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
    $826
    $5,000
    $31,300
    $36,300
    -
    $5,000
    $31,300
    $36,300

    Comparable in this City

    • Value Estimation by Request
      6,720 SF

      200 6th St

      WAREHOUSE, STORAGE • 6,720 SF
      200 6th St, International Falls, MN 56649-2644
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    • Value Estimation by Request
      1,772 SF

      International Falls, MN 56649

      MINI-WAREHOUSE, STORAGE • 1,772 SF
      International Falls, MN 56649
      View Details
    • Value Estimation by Request
      288 SF

      1797 Town Rd

      BULK STORAGE, TANKS • 288 SF
      1797 Town Rd, International Falls, MN 56649
      View Details
    • Value Estimation by Request
      1,008 SF

      3552 Hwy 11th E

      WAREHOUSE, STORAGE • 1,008 SF
      3552 Hwy 11th E, International Falls, MN 56649-8801
      View Details
    • Value Estimation
      $400,000
      4,608 SF

      3080 Town Rd 225

      WAREHOUSE, STORAGE • 4,608 SF
      3080 Town Rd 225, International Falls, MN 56649-8717
      View Details
    • Value Estimation
      $360,000
      3,456 SF

      International Falls, MN 56649

      WAREHOUSE, STORAGE • 3,456 SF
      International Falls, MN 56649
      View Details

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    516 2nd Ave
    International Falls, MN 56649-2418
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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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