179 LkForest Lake, MN 55025

  • Office buildings
  • 3,700 SF
Off market
$348,800 Estimated

Property Details for 179 Lk

Year built
1977
Lot size
0.16 AC
Property size (Sq ft)
3,700 SF
Property type
Office buildings
APN
08-032-21-13-0031
APU
803221130031

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $680,264
    6.5%
    $627,936
    7%
    $583,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $188,848
    Geo Method
    $188,848
  • Alternative Use

    Use
    Valuation
    Residential
    $778,641
    Hospitality
    $713,231
    Educational
    $593,400
    Medical
    $613,808
    Retail
    $923,066

Location Insight

City
Forest Lake
County
Washington
State
Minnesota
Latitude
45.277
Longitude
-92.9843
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 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
$8,364
$81,200
$267,600
$348,800
-
$81,200
$267,600
$348,800

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