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    Property profile & analytics

    Grand Rapids, MN 55744

    • Apartment buildings
    • 13,563 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 02, 2024
    Location Intelligence
    Property ID
    US46-2371118
    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

    • Apartment buildings

    Property Details

    Year built
    2012
    Property size
    13,563 SF
    Property type
    Apartment buildings
    APN
    91-593-0110
    APU
    915930110

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Itasca
    State
    Minnesota
    Longitude
    -93.5476
    Latitude
    47.2206
    CBSA code
    24330
    CBSA name
    GRAND RAPIDS, MN MICROPOLITAN 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
    $29,566
    $138,600
    $1,465,400
    $1,604,000
    -
    $138,600
    $1,465,400
    $1,604,000

    Comparable in this City

    • Value Estimation by Request
      2.50 Acres

      401 7th St

      APARTMENT HOUSE (5+ UNITS) • 2.50 Acres
      401 7th St, Grand Rapids, MN 55744-3762
      View Details
    • Value Estimation by Request
      9,329 SF

      2201 Hwy 169

      APARTMENT HOUSE (5+ UNITS) • 9,329 SF
      2201 Hwy 169, Grand Rapids, MN 55744-4243
      View Details
    • Value Estimation by Request
      23,429 SF

      Grand Rapids, MN 55744

      APARTMENT HOUSE (5+ UNITS) • 23,429 SF
      Grand Rapids, MN 55744
      View Details
    • Value Estimation by Request
      8,771 SF

      407 7th St

      APARTMENT HOUSE (5+ UNITS) • 8,771 SF
      407 7th St, Grand Rapids, MN 55744-3787
      View Details
    • Value Estimation
      $120,000
      121 SF

      Grand Rapids, MN 55744

      APARTMENT HOUSE (5+ UNITS) • 121 SF
      Grand Rapids, MN 55744
      View Details
    • Value Estimation
      $280,000
      1.17 Acres

      1915 Us Hwy 2nd 2

      APARTMENT HOUSE (5+ UNITS) • 1.17 Acres
      1915 Us Hwy 2nd 2, Grand Rapids, MN 55744-4738
      View Details

    Similar Nearby for Sale

    • $550,000
      3,384 SF

      Grand Rapids Commercial Opportunity

      Commercial property with residential units and highway visibility near Grand Rapids.
      3296x Laplant Rd, Grand Rapids, MN 55744
      View Details
    • $550,000
      3,384 SF

      Grand Rapids Mixed-Use Property

      Updated mixed-use property on 5 acres with highway visibility.
      32969 Laplant Rd, Grand Rapids, MN 55744
      View Details
    • $550,000
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      Grand Rapids Mixed-Use Property

      Updated mixed-use property on 5 acres with highway visibility.
      3296x Laplant Rd, Grand Rapids, MN 55744
      View Details
    • $270,000

      1.44 Acres Land For Sale

      1.44 acres of land available for purchase.
      NE 2Nd St, Grand Rapids, MN 55744
      View Details
    • $149,500

      Commercial Property for Sale

      Commercial property available for sale, featuring 0.16 acres.
      20 NW 3Rd St, Grand Rapids, MN 55744
      View Details
    • $35,000
      0.29 Acres

      Cleared Building Site Near Amenities

      Cleared 0.29 acre building site near schools and shopping.
      6Th Ave NE, Grand Rapids, MN 55744
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      600 SF

      Downtown Office Space Available

      Private office with reception area in downtown Grand Rapids.
      21 NE 5Th St, Grand Rapids, MN 55744
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Grand Rapids

      Retail spaces available in Grand Rapids' retail business district.
      1200 S Pokegama Ave, Grand Rapids, MN 55744
      View Details
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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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