Aitkin County property record for 47987 240th Ave, McGregor, MN 55760
| Property Type | Commercial |
|---|---|
| Details | 4,540 sqft · built 1978 |
| Lot Size | 35.7 acres (1,557,706 sqft) |
| Owner | 2 Individual Names on Record |
| Last Sale | $150,000 (Jun 1997) |
| Tax Bill | $1,714 (2026) |
| APN | 39-0-046402 |
| Primary APN | 39-0-046402 |
|---|
| Building Area | 4,540 sqft Gross Area |
|---|---|
| 1st Floor Area | 4,540 sqft |
| Year Built | Built 1978 |
|---|---|
| Effective Year Built | Effective 1978 |
| Lot Area | 1,557,706 sqft (35.7 acres) |
| Lot Depth | 450 ft Depth |
| Garage Area | 1,920 sqft |
| Parking Spaces | 8 Parking Spaces |
| Shed | 1 Shed |
| Total Buildings | 3 Buildings |
| Street Address | 47987 240TH AVE |
|---|---|
| City | MCGREGOR |
| State | MN |
| Zip | 55760-5532 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | (NE-NE) LOT 1 LESS 1.45 AC & LESS 2.29 AC |
| Legal Range | 24 |
| Legal Township | 49 |
| Legal Section | 27 |
| Legal Lot Number | 1 |
| Jurisdiction | AITKIN MN |
| Township / Civil Division | WORKMAN |
| Census Block Group | 2 |
| Census Block | 2029 |
| Census Tract | 770100 |
Source: Aitkin County records, as of July 7, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Individual Names on Record |
|---|---|
| Mailing Address | 47987 240TH AVE, MCGREGOR, MN 55760-5532 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Borrower in Default |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Jun 1, 1997 · Amount on Record |
| Deed Sale | Jun 1, 1997 · Amount on Record |
| Record Updated | Sep 20, 2026 |
Source: Aitkin County assessment roll, as of July 7, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Aitkin County |
| County Subdivision | Workman Township |
| Unified School District | McGregor Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,714.00 (+3.13%) Homeowner's exemption | $459,400 (+17.58%) Land $178,700 Building $280,700 | $459,400 (+17.58%) Land $178,700 Building $280,700 |
| 2023 | $1,662.00 Homeowner's exemption | $390,700 Land $135,800 Building $254,900 | $390,700 Land $135,800 Building $254,900 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not on file |
|---|---|
| Nearby Flood Policies | 7 in force |
| Nearby Flood Claims | 5 (1979–2012) |
| Claims Outside the SFHA | 2 of 5 |
| Most Recent Claim | Aug 2012 |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 60% of Minnesota |
|---|---|
| Wildfire Likelihood | 0.02% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 10 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Midco Fiber | 1,000 / 1,000 |
5G and 4G LTE (outdoors only)
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