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    Property profile & analytics

    Park Rapids, MN 56470

    • Hotels
    • 40.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2032253
    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

    • Hotels

    Property Details for Park

    Lot size
    40.00 lot acres
    Property type
    Hotels
    APN
    16.28.01500
    APU
    162801500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rapids
    County
    Hubbard
    State
    Minnesota
    Longitude
    -94.9996
    Latitude
    46.9983

    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
    $870
    $104,300
    $7,400
    $111,700
    -
    $104,300
    $7,400
    $111,700

    Comparable in this City

    • Value Estimation by Request
      26,448 SF

      1020 1st E St

      HOTEL • 26,448 SF
      1020 1st E St, Park Rapids, MN 56470-1880
      View Details
    • Value Estimation
      $385,000
      1.96 Acres

      Park

      HOTEL-RESORT • 1.96 Acres
      Park, Rapids, MN 56470
      View Details
    • Value Estimation by Request
      9.92 Acres

      14168 Crooked Riv Dr

      HOTEL-RESORT • 9.92 Acres
      14168 Crooked Riv Dr, Park Rapids, MN 56470
      View Details
    • Value Estimation by Request
      1.13 Acres

      Park

      HOTEL-RESORT • 1.13 Acres
      Park, Rapids, MN 56470
      View Details
    • Value Estimation by Request
      29,488 SF

      1009 1st E St

      HOTEL • 29,488 SF
      1009 1st E St, Park Rapids, MN 56470-1751
      View Details
    • Value Estimation by Request
      5.01 Acres

      14170 Crooked Riv Dr

      HOTEL-RESORT • 5.01 Acres
      14170 Crooked Riv Dr, Park Rapids, MN 56470-6513
      View Details

    Similar Nearby for Sale

    • $1,195,000
      5,000 SF

      Minnesota Lakefront Resort with Cabins

      Lakefront resort featuring cabins and campsites on a pristine lake.
      20035 Grouse Rd, Park Rapids, MN 56470
      View Details
    • $37,500
      1.13 Acres

      Wooded Lot Near Golf Course

      1.13 acre wooded lot near Headwaters Golf Course.
      1 Fairway Trl, Park Rapids, MN 56470
      View Details
    • $350,000
      6,382 SF

      Live/Work Property with River View

      Mixed-use property with commercial space and apartment, river views.
      500 1St St E, Park Rapids, MN 56470
      View Details
    • Contact for pricing
      1.17 Acres

      Walmart Outlot Commercial Land

      Prime 1.17-acre commercial lot near Walmart.
      1303 Charles St, Park Rapids, MN 56470
      View Details
    • $95,000
      6.84 Acres

      Park Rapids Land with Shoreline

      6.84 acres with 209' shoreline and dock slip.
      13895 Gazelle Trl, Park Rapids, MN 56470
      View Details
    • $195,000
      20.16 Acres

      Park Rapids Vacant Recreational Land

      20+ acres of recreational land near Little Mantrap Lake.
      Tract A Brietbach Rd, Park Rapids, MN 56470
      View Details
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    Park
    Rapids, MN 56470
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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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