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    Property profile & analytics

    Pine Island, MN 55963

    • Commercial real estate
    • 2.65 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US46-1812594
    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 real estate

    Property Details for Pine

    Lot size
    2.65 lot acres
    Property type
    Commercial real estate
    APN
    68.700.0080
    APU
    687000080

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $335,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $305,000
      Mixed-Use
      $305,000
      Hospitality
      $310,000
      Educational
      $300,000
      Residential Income
      $280,000
      Energy
      $265,000
      Income-Based Land
      $270,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Island
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.6441
    Latitude
    44.2104
    CBSA code
    39860
    CBSA name
    RED WING, 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
    $5,364
    $138,500
    $0.00
    $138,500
    -
    $138,500
    $0.00
    $138,500

    Comparable in this City

    • Value Estimation by Request
      19.00 Acres

      3Rd Ave

      Farms • 19.00 Acres
      0 3Rd Ave, Pine Island, MN 55963
      View Details
    • Value Estimation by Request
      32.29 Acres

      19Th Ave

      Farms • 32.29 Acres
      0 19Th Ave, Pine Island, MN 55963
      View Details
    • Value Estimation by Request
      0.63 Acres

      206 3rd NE St

      COMMERCIAL (GENERAL) • 0.63 Acres
      206 3rd NE St, Pine Island, MN 55963
      View Details
    • Value Estimation
      $285,000
      1.05 Acres

      200 3rd NE St

      COMMERCIAL (GENERAL) • 1.05 Acres
      200 3rd NE St, Pine Island, MN 55963
      View Details
    • Value Estimation
      $475,000
      4,160 SF

      888 Rolling Vw SE Ln

      COMMERCIAL (GENERAL) • 4,160 SF
      888 Rolling Vw SE Ln, Pine Island, MN 55963-7752
      View Details
    • Value Estimation by Request

      234 3rd NE St

      COMMERCIAL (GENERAL)
      234 3rd NE St, Pine Island, MN 55963-7631
      View Details

    Similar Nearby for Sale

    • $111,000
      0.77 Acres

      Residential Land in Pine Island

      Land for sale in Windmill Woods Estates, Pine Island, MN.
      934 Windermere Dr, Pine Island, MN 55963
      View Details
    • Contact for pricing
      0.03 Acres

      Ready-to-Build Lots in Pine Island

      15 residential lots available for purchase in Pine Island, MN.
      832 Lorrain Ct SW, Pine Island, MN 55963
      View Details
    • Contact for pricing
      0.04 Acres

      Ready-to-Build Lots in Pine Island

      Multiple residential lots available for purchase in Pine Island, MN.
      826 Alexis Ct SW, Pine Island, MN 55963
      View Details
    • Contact for pricing
      0.04 Acres

      Ready-to-Build Lots in Pine Island

      Multiple residential lots available for purchase in Pine Island, MN.
      822 Alexis Ct SW, Pine Island, MN 55963
      View Details
    • $121,000
      1,028 SF

      Pine Island Two-Bedroom Home

      Two-bedroom home in Pine Island, income restrictions apply.
      430 7Th St SW, Pine Island, MN 55963
      View Details
    • Contact for pricing
      0.04 Acres

      Ready-to-Build Lots in Pine Island

      Available lots for residential construction in Pine Island, Minnesota.
      838 Alexis Ct SW, Pine Island, MN 55963
      View Details
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    Pine
    Island, MN 55963
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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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