124 9thFaribault, MN 55021

  • Office buildings
  • 1,606 SF
Off market
$189,900 Estimated

Property Details for 124 9th

Year built
1930
Lot size
0.14 AC
Property size (Sq ft)
1,606 SF
Property type
Office buildings
APN
18.31.2.51.022
APU
1831251022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $264,365
    6.5%
    $244,030
    7%
    $226,599
  • Comparable approach

    Method
    Valuation
    Relative Method
    $81,970
    Geo Method
    $81,970
  • Alternative Use

    Use
    Valuation
    Residential
    $302,597
    Hospitality
    $277,177
    Educational
    $230,608
    Medical
    $238,539
    Retail
    $358,723
124 9th, Faribault, Minnesota
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Location Insight

City
Faribault
County
Rice
State
Minnesota
Latitude
44.292
Longitude
-93.2824
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
$3,728
$38,700
$151,200
$189,900
-
$38,700
$151,200
$189,900

FAQs

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