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    Property profile & analytics

    7940 Hwy 61 Schroeder, MN 55613-8717

    • Commercial real estate
    • 1,932 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US46-1847996
    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

    • Commercial real estate

    Property Details for 7940 Hwy 61

    Year built
    1957
    Lot size
    0.17 lot acres
    Property size
    1,932 SF
    Property type
    Commercial real estate
    APN
    20-201-1115
    APU
    202011115

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Schroeder
    County
    Cook
    State
    Minnesota
    Longitude
    -90.8977
    Latitude
    47.5429

    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
    $5,308
    $40,800
    $236,700
    $277,500
    -
    $40,800
    $236,700
    $277,500

    Comparable in this City

    • Value Estimation
      $500,000
      2,560 SF

      1172 Cramer Rd

      COMMERCIAL (GENERAL) • 2,560 SF
      1172 Cramer Rd, Schroeder, MN 55613
      View Details
    • Value Estimation by Request

      Schroeder, MN 55613

      COMMERCIAL (GENERAL)
      Schroeder, MN 55613
      View Details
    • Value Estimation
      $245,000
      1,344 SF

      7902 Hwy 61

      COMMERCIAL (GENERAL) • 1,344 SF
      7902 Hwy 61, Schroeder, MN 55613-8717
      View Details
    • Value Estimation by Request
      264 SF

      209 Ash Cell Rd

      COMMERCIAL (GENERAL) • 264 SF
      209 Ash Cell Rd, Schroeder, MN 55613
      View Details
    • Value Estimation
      $400,000
      1,912 SF

      10 Surfside Dr

      COMMERCIAL (GENERAL) • 1,912 SF
      10 Surfside Dr, Schroeder, MN 55613
      View Details
    • Value Estimation
      $385,000
      1,746 SF

      9327 Hwy 61

      COMMERCIAL (GENERAL) • 1,746 SF
      9327 Hwy 61, Schroeder, MN 55613
      View Details
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    7940 Hwy 61
    Schroeder, MN 55613-8717
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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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