503 BushRed Wing, MN 55066

  • Office buildings
  • 7,500 SF
Off market
$294,200 Estimated

Property Details for 503 Bush

Year built
1930
Property size (Sq ft)
7,500 SF
Property type
Office buildings
APN
55.005.1440
APU
550051440

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,234,583
    6.5%
    $1,139,615
    7%
    $1,058,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $382,800
    Geo Method
    $382,800
  • Alternative Use

    Use
    Valuation
    Residential
    $1,413,122
    Hospitality
    $1,294,412
    Educational
    $1,076,936
    Medical
    $1,113,973
    Retail
    $1,675,234

Location Insight

City
Red Wing
County
Goodhue
State
Minnesota
Latitude
44.5638
Longitude
-92.5314
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
$7,462
$110,100
$184,100
$294,200
-
$110,100
$184,100
$294,200

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