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    Property profile & analytics

    640 Broadway St Spring Valley, MN 55975-1110

    • Grocery and convenience stores
    • 3,024 SF
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    May 16, 2022
    Location Intelligence
    Property ID
    US46-1999356
    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

    • Grocery and convenience stores

    Property Details for 640 Broadway St

    Year built
    1995
    Construction
    LOG
    Property size
    3,024 SF
    Property type
    Grocery and convenience stores
    APN
    36.0806.000
    APU
    360806000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring Valley
    County
    Fillmore
    State
    Minnesota
    Longitude
    -92.3963
    Latitude
    43.6955
    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
    2020
    $10,552
    $115,600
    $292,300
    $407,900
    -
    $115,600
    $292,300
    $407,900

    Comparable in this City

    • Value Estimation
      $65,000
      2,156 SF

      117 Broadway St

      GROCERY, SUPERMARKET • 2,156 SF
      117 Broadway St, Spring Valley, MN 55975-1227
      View Details
    • Value Estimation
      $350,000
      14,532 SF

      1020 Broadway St

      GROCERY, SUPERMARKET • 14,532 SF
      1020 Broadway St, Spring Valley, MN 55975-1030
      View Details
    • Value Estimation
      $565,000
      3,880 SF

      735 Broadway St

      CONVENIENCE STORE • 3,880 SF
      735 Broadway St, Spring Valley, MN 55975-1027
      View Details
    • Value Estimation
      $210,000
      3,926 SF

      616 Broadway St

      CONVENIENCE STORE • 3,926 SF
      616 Broadway St, Spring Valley, MN 55975-1110
      View Details
    • Value Estimation
      $665,000
      7,180 SF

      221 Section Ave

      CONVENIENCE STORE • 7,180 SF
      221 Section Ave, Spring Valley, MN 55975-1643
      View Details
    • Value Estimation
      $60,000
      1,782 SF

      100 Broadway St

      FINANCIAL BUILDING • 1,782 SF
      100 Broadway St, Spring Valley, MN 55975-1228
      View Details

    Similar Nearby for Sale

    • $375,000

      Turn-Key Greenhouse and Retail Opportunity

      Commercial property with greenhouses, retail space, and development potential.
      720 N Broadway St, Spring Valley, MN 55975
      View Details
    • $125,000
      3,500 SF

      Downtown Spring Valley Mixed-Use

      Prime investment: 3,500 sq ft, tavern setup.
      145 Broadway St, Spring Valley, MN 55975
      View Details
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    640 Broadway St
    Spring Valley, MN 55975-1110
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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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