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    Property profile & analytics

    Hill City, MN 55748

    • Turn key restaurants
    • 1,288 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2445737
    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 Hill

    Year built
    1954
    Property size
    1,288 SF
    Property type
    Turn key restaurants
    APN
    57-1-037300
    APU
    571037300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    City
    County
    Aitkin
    State
    Minnesota
    Longitude
    -93.5983
    Latitude
    46.9918

    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
    $1,004
    $22,100
    $40,000
    $62,100
    -
    $22,100
    $40,000
    $62,100

    Comparable in this City

    • Value Estimation by Request
      1,302 SF

      151 Lk E Ave

      RESTAURANT • 1,302 SF
      151 Lk E Ave, Hill City, MN 55748
      View Details
    • Value Estimation
      $180,000
      2,904 SF

      137 Gill St

      BAR, TAVERN • 2,904 SF
      137 Gill St, Hill City, MN 55748
      View Details
    • Value Estimation by Request
      1,560 SF

      Hill

      CAR WASH • 1,560 SF
      Hill, City, MN 55748
      View Details
    • Value Estimation
      $380,000
      7,800 SF

      144 Service NW Rd

      CONVENIENCE STORE • 7,800 SF
      144 Service NW Rd, Hill City, MN 55748-2700
      View Details
    • Value Estimation
      $665,000
      9,355 SF

      Hill

      WHOLESALE OUTLET, DISCOUNT STORE • 9,355 SF
      Hill, City, MN 55748
      View Details
    • Value Estimation by Request
      3,360 SF

      140 Lk W Ave

      LIQUOR STORE • 3,360 SF
      140 Lk W Ave, Hill City, MN 55748
      View Details

    Similar Nearby for Sale

    • $164,900
      20.80 Acres

      Aitkin County Wooded Lakeshore Parcel

      20+ acres with 440 feet of shoreline on Hill Lake.
      672Nd Ln, Hill City, MN 55748
      View Details
    • $129,900
      2.20 Acres

      Wooded Lot on Hill Lake

      2.2-acre wooded lot with 200+ feet of shoreline.
      305 Forest Ave, Hill City, MN 55748
      View Details
    • $89,900
      17.00 Acres

      Recreational Land Near Hill Lake

      17-acre recreational and hunting land near ATV trails and Hill Lake.
      67246 340Th Ave, Hill City, MN 55748
      View Details
    • $160,000
      80.00 Acres

      80 Acres of Minnesota Land

      80 acres near state land with cabin and recreational opportunities.
      40732 County Rd, Hill City, MN 55748
      View Details
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    Hill
    City, MN 55748
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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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