1500 20thFaribault, MN 55021

  • Hotels
  • 159 SF
Off market
$35,065,800 Estimated

Property Details for 1500 20th

Year built
2009
Lot size
3.50 AC
Property size (Sq ft)
159 SF
Property type
Hotels
Property subtype
Motels
APN
18.25.1.25.002
APU
1825125002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,728
    6.5%
    $27,442
    7%
    $25,481
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,071
    Geo Method
    $19,071
  • Alternative Use

    Use
    Valuation
    Residential
    $29,958
    Hospitality
    $27,442
    Educational
    $22,831
    Medical
    $23,616
    Retail
    $35,515
1500 20th, Faribault, Minnesota

Location Insight

City
Faribault
County
Rice
State
Minnesota
Latitude
44.3121
Longitude
-93.2907
CBSA code
22060
CBSA name
FARIBAULT-NORTHFIELD, 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
2024
$67,624
$603,700
$1,925,600
$2,529,300
-
$603,700
$1,925,600
$2,529,300

FAQs

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