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    Property profile & analytics

    Melrose, MN 56352

    • Residential income homes
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1808479
    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

    • Residential income homes

    Property Details

    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    66.36775.0000
    APU
    66367750000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.8266
    Latitude
    45.6795
    CBSA code
    41060
    CBSA name
    ST. CLOUD, MN 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
    $12,876
    $200,600
    $1,342,300
    $1,542,900
    -
    $200,600
    $1,342,300
    $1,542,900

    Comparable in this City

    • Value Estimation
      $580,000
      10,012 SF

      20 9th NE Ave

      BOARDING/ROOMING HOUSE • 10,012 SF
      20 9th NE Ave, Melrose, MN 56352-1468
      View Details
    • Value Estimation
      $295,000
      1.07 Acres

      518 4th NE Ave

      BOARDING/ROOMING HOUSE • 1.07 Acres
      518 4th NE Ave, Melrose, MN 56352-1517
      View Details
    • Value Estimation by Request
      960 SF

      2nd SW St

      MOBILE HOME PARK, TRAILER PARK • 960 SF
      2nd SW St, Melrose, MN 56352
      View Details
    • Value Estimation by Request
      10.04 Acres

      39254 County Rd 13

      MOBILE HOME PARK, TRAILER PARK • 10.04 Acres
      39254 County Rd 13, Melrose, MN 56352-8216
      View Details
    • Value Estimation by Request
      0.25 Acres

      123 5th SE Ave

      COMMERCIAL (GENERAL) • 0.25 Acres
      123 5th SE Ave, Melrose, MN 56352-1425
      View Details
    • Value Estimation by Request
      0.34 Acres

      37258 County Rd 13

      VACANT COMMERCIAL LAND • 0.34 Acres
      37258 County Rd 13, Melrose, MN 56352-8602
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.31 Acres

      New Commercial Spaces in Melrose

      New commercial spaces available in a growing community.
      325 1St St NE, Melrose, MN 56352
      View Details
    • Contact for pricing
      4,442 SF

      Prime Melrose Office Suites

      Five new suites, downtown location, river views.
      325 1St St, Melrose, MN 56352
      View Details
    • $49,800
      0.34 Acres

      Residential Lots in Melrose, MN

      Spacious residential lots available in Melrose, close to amenities.
      210 Highlands Blvd NE, Melrose, MN 56352
      View Details
    • $53,600
      0.35 Acres

      Residential Lots in Melrose, MN

      Spacious residential lots for sale in Melrose, close to amenities.
      324 Highlands Blvd NE, Melrose, MN 56352
      View Details
    • $49,800
      0.34 Acres

      Residential Lots in Melrose, MN

      Spacious residential lots available in Melrose, close to amenities.
      312 Highlands Blvd NE, Melrose, MN 56352
      View Details
    • $49,800
      0.34 Acres

      Residential Lots in Melrose, MN

      Spacious residential lots available in Melrose, close to amenities.
      304 Highlands Blvd NE, Melrose, MN 56352
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      26,700 SF

      Melrose Flex Industrial Facility

      26,700 SF flex facility for lease in Melrose, Minnesota.
      900 Kraft Dr SE, Melrose, MN 56352
      View Details
    • $5 SF/Yr

      26,700 SF Flex Industrial Facility

      Flex commercial/industrial facility with high visibility and heavy power.
      Flex, Melrose, MN 56352
      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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