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    Property profile & analytics

    720 Nelson Dr Clearwater, MN 55320

    • Turn key restaurants
    • 2,754 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 18, 2021
    Location Intelligence
    Property ID
    US46-0814936
    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

    • Turn key restaurants

    Property Details for 720 Nelson Dr

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.80 lot acres
    Property size
    2,754 SF
    Property type
    Turn key restaurants
    APN
    104-015-001052
    APU
    104015001052

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Wright
    State
    Minnesota
    Longitude
    -94.0526
    Latitude
    45.4137
    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
    $14,108
    $286,900
    $327,100
    $614,000
    -
    $286,900
    $327,100
    $614,000

    Comparable in this City

    • Value Estimation
      $480,000
      3,768 SF

      710 Nelson Dr

      RESTAURANT • 3,768 SF
      710 Nelson Dr, Clearwater, MN 55320
      View Details
    • Value Estimation
      $210,000
      4,056 SF

      720 County Rd 75th NW

      BAR, TAVERN • 4,056 SF
      720 County Rd 75th NW, Clearwater, MN 55320
      View Details
    • Value Estimation
      $2,095,000
      4,752 SF

      17383 County Rd 75th NW

      SHOW ROOM, WAREHOUSE • 4,752 SF
      17383 County Rd 75th NW, Clearwater, MN 55320-2126
      View Details
    • Value Estimation
      $245,000
      3,173 SF

      615 Smith St

      BARBER, HAIR SALON • 3,173 SF
      615 Smith St, Clearwater, MN 55320-5001
      View Details
    • Value Estimation by Request
      6,400 SF

      17505 County Rd 75th NW

      AUTO REPAIR, GARAGE • 6,400 SF
      17505 County Rd 75th NW, Clearwater, MN 55320-2187
      View Details
    • Value Estimation
      $360,000
      3,056 SF

      715 Lime St

      AUTO REPAIR, GARAGE • 3,056 SF
      715 Lime St, Clearwater, MN 55320-2178
      View Details

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    Clearwater, MN 55320
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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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