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    Property profile & analytics

    61850 Hwy 63 Zumbro Falls, MN 55991-5283

    • Auto shops
    • 3,040 SF
    • 2.58 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US46-2997900
    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 61850 Hwy 63

    Year built
    1980
    Lot size
    2.58 lot acres
    Property size
    3,040 SF
    Property type
    Auto shops
    APN
    R17.00002.00
    APU
    R170000200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $255,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $250,000
      Mixed-Use
      $290,000
      Hospitality
      $280,000
      Educational
      $275,000
      Residential Income
      $275,000
      Energy
      $285,000
      Income-Based Land
      $265,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Zumbro Falls
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.4237
    Latitude
    44.2785
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN 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
    2024
    $2,226
    $52,300
    $121,200
    $173,500
    -
    $52,300
    $121,200
    $173,500

    Comparable in this City

    • Value Estimation by Request
      4,708 SF

      451 Mn-60

      Automotive properties • 4,708 SF
      451 Mn-60, Zumbro Falls, MN 55991
      View Details
    • Value Estimation
      $215,000
      2,688 SF

      437 Water St

      AUTO REPAIR, GARAGE • 2,688 SF
      437 Water St, Zumbro Falls, MN 55991-5519
      View Details
    • Value Estimation
      $185,000
      3,456 SF

      62618 Hwy 63

      AUTO REPAIR, GARAGE • 3,456 SF
      62618 Hwy 63, Zumbro Falls, MN 55991-2203
      View Details
    • Value Estimation by Request
      810 SF

      438 Hwy 60

      BARBER, HAIR SALON • 810 SF
      438 Hwy 60, Zumbro Falls, MN 55991-5501
      View Details
    • Value Estimation
      $110,000
      1,541 SF

      410 Hwy 60

      RETAIL STORES (PERSONAL SERVICES) • 1,541 SF
      410 Hwy 60, Zumbro Falls, MN 55991-5501
      View Details
    • Value Estimation
      $290,000
      4,080 SF

      390 Hwy 60

      BAR, TAVERN • 4,080 SF
      390 Hwy 60, Zumbro Falls, MN 55991-5504
      View Details

    Similar Nearby for Sale

    • $522,000
      56.20 Acres

      Secluded Zumbro Falls Hunting Land

      56.2 acre mixed-use property with tillable land and timber.
      343Rd Ave, Zumbro Falls, MN 55991
      View Details
    • $400,000
      20.19 Acres

      20 Acres Land in Zumbro

      20.19 acres of land with potential building site.
      375Th Ave, Zumbro Falls, MN 55991
      View Details
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    Zumbro Falls, MN 55991-5283
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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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