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    Property profile & analytics

    Welch, MN 55089

    • Turn key restaurants
    • 3,580 SF
    • 74.22 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US46-1697442
    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

    Year built
    1980
    Lot size
    74.22 lot acres
    Property size
    3,580 SF
    Property type
    Turn key restaurants
    APN
    42.134.0010
    APU
    421340010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Welch
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.7198
    Latitude
    44.5562
    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
    $6,524
    $504,900
    $61,800
    $566,700
    -
    $504,900
    $61,800
    $566,700

    Comparable in this City

    • Value Estimation
      $360,000
      4,396 SF

      6690 Sturgeon Lk Rd

      RESTAURANT • 4,396 SF
      6690 Sturgeon Lk Rd, Welch, MN 55089-6436
      View Details
    • Value Estimation by Request
      432 SF

      14691 Welch Trl

      RETAIL STORES (PERSONAL SERVICES) • 432 SF
      14691 Welch Trl, Welch, MN 55089
      View Details
    • Value Estimation
      $305,000
      3,828 SF

      26374 County 7th Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,828 SF
      26374 County 7th Blvd, Welch, MN 55089-6141
      View Details
    • Value Estimation
      $185,000
      1,100 SF

      14689 Welch Trl

      RETAIL STORES (PERSONAL SERVICES) • 1,100 SF
      14689 Welch Trl, Welch, MN 55089
      View Details
    • Value Estimation by Request
      9,000 SF

      Welch, MN 55089

      WAREHOUSE, STORAGE • 9,000 SF
      Welch, MN 55089
      View Details
    • Value Estimation by Request
      3,096 SF

      26389 County 7th Blvd

      WAREHOUSE, STORAGE • 3,096 SF
      26389 County 7th Blvd, Welch, MN 55089
      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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