631 Nelson Blvd Montrose, MN 55363-8553
Property profile & analytics
631 Nelson Blvd, Montrose, MN 55363-8553
- Retail space
- 9,354 SF
- 1.74 lot acres
Property ID
US46-3250307
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.
Location Intelligence
Current Use by Public Records
- Dollar General / Discount Store
- FedEx OnSite / Postal Service / Courier Service
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
Property Details for 631 Nelson Blvd
- Year built
- 2015
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.74 lot acres
- Property type
- Retail space
- APN
- 112-500-354301
- APU
- 112500354301
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 28, 2025 | $18,600 | State Of Minnesota | Ldg Montrose Mn LLC | Warranty Deed | — |
| Oct 28, 2015 | $1,167,100 | Ldg Montrose Mn LLC | Imperial Dev Corp | Grant Deed | $767k · Ladder Cap Fin |
| Jan 9, 2015 | — | Imperial Dev Corp | Crowrosa Investments LLC | Warranty Deed · related | $828k · Southern Bk |
| Jun 22, 2006 | $410,000 | Crowrosa Investments LLC | Kinte,kippe | Warranty Deed | $392k · Klein Bank |
| Jun 3, 2005 | $500 | Gl Anderson Construction LLC | Kinte,kippe | Quit Claim Deed · related | — |
| Apr 15, 2005 | $500 | April L Pivec | Kinte,kippe | Quit Claim Deed · related | — |
| Apr 15, 2005 | $72,000 | Gl Anderson Construction LLC | Kinte,kippe | Warranty Deed | $325k · Bank West |
| — | — | Crowrosa Investments LLC | — | Deed Of Trust · related | $50k · Klein Bank |
| — | — | Crowrosa Investments LLC | — | Deed Of Trust · related | $50k · Klein Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,920,000
- 6.5%
- $1,770,000
- 7%
- $1,645,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,366,000
- AI Estimate
- $987,000
Market price range: $515k - $1.67MMarket price range: $411k - $1.21M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,095,000 Current use
- OFFICE BUILDING
- $1,240,000 Change: +13% Conversion: Easy
- RESTAURANT
- $1,225,000 Change: +12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,095,000 Change: +0% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $975,000 Change: -11% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Wright
- State
- Minnesota
- Longitude
- -93.9207
- Latitude
- 45.0653
- 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
$22,834
$274,100
$780,000
$1,054,100
-
$274,100
$780,000
$1,054,100
