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    Property profile & analytics

    Hugo, MN 55038

    • Commercial land
    • 2.43 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1169223
    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 land

    Property Details

    Lot size
    2.43 lot acres
    Property type
    Commercial land
    APN
    04-031-21-32-0005
    APU
    403121320005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hugo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9782
    Latitude
    45.2027
    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
    $2,608
    $105,600
    $0.00
    $105,600
    -
    $105,600
    $0.00
    $105,600

    Comparable in this City

    • Value Estimation by Request
      1.69 Acres

      Hugo, MN 55038

      VACANT COMMERCIAL LAND • 1.69 Acres
      Hugo, MN 55038
      View Details
    • Value Estimation by Request

      Hugo, MN 55038

      VACANT COMMERCIAL LAND
      Hugo, MN 55038
      View Details
    • Value Estimation by Request
      0.03 Acres

      Centerville, MN 55038

      VACANT COMMERCIAL LAND • 0.03 Acres
      Centerville, MN 55038
      View Details
    • Value Estimation by Request
      0.06 Acres

      7089 Centerville Rd

      VACANT COMMERCIAL LAND • 0.06 Acres
      7089 Centerville Rd, Centerville, MN 55038-9712
      View Details
    • Value Estimation by Request
      0.29 Acres

      Centerville, MN 55038

      VACANT COMMERCIAL LAND • 0.29 Acres
      Centerville, MN 55038
      View Details
    • Value Estimation by Request
      0.66 Acres

      Centerville, MN 55038

      VACANT COMMERCIAL LAND • 0.66 Acres
      Centerville, MN 55038
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land with Highway Access

      Commercial land with utilities and roundabout access off Hwy 61.
      159Th St N, Hugo, MN 55038
      View Details
    • $60,000

      Mixed-Use Site Near New Homes

      Suitable for office, retail, or apartments in growing area.
      1737 Main St, Centerville, MN 55038
      View Details
    • Contact for pricing

      Centerville Land for Mixed Use

      1.61 acres in downtown Centerville, suitable for multi-family development.
      7073 Centerville Rd, Centerville, MN 55038
      View Details
    • $599,000
      8 SF

      Prime Development Land I-35 Frontage

      8.39 acres of development land with I-35 visibility.
      14XXX W Freeway Dr, Forest Lake, MN 55038
      View Details
    • Contact for pricing

      Lino Lakes Commercial Land Available

      Commercial land with I-35E visibility in Lino Lakes, MN.
      7233 24Th Ave N, Lino Lakes, MN 55038
      View Details
    • Contact for pricing

      Land with I-35E Access

      Land with utilities and highway access in Lino Lakes.
      & I-35E W Cedar St, Lino Lakes, MN 55038
      View Details

    Similar Nearby for Lease

    • $1.75 SF/Yr
      8,900 SF

      Centerville Land for Outdoor Storage

      Up to approximately 2.00 acres of outdoor storage available.
      6805 20Th Ave S, Centerville, MN 55038
      View Details
    • $15 SF/Yr
      2,904 SF

      Industrial Warehouse Space Available

      Industrial warehouse space for rent featuring 200 amp power.
      13419 N Fenway Blvd, Hugo, MN 55038
      View Details
    • Contact for pricing
      1,120 SF

      Historic Schoolhouse for Commercial Business

      Historic Hopkins Schoolhouse with potential for commercial use.
      5970 170Th St N, Hugo, MN 55038
      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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