2720 ServiceRed Wing, MN 55066

  • Office buildings
  • 62,095 SF
Off market

Property Details for 2720 Service

Year built
1960
Lot size
6.94 AC
Property size (Sq ft)
62,095 SF
Property type
Office buildings
APN
55.835.0460
APU
558350460

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,221,521
    6.5%
    $9,435,250
    7%
    $8,761,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,169,329
    Geo Method
    $3,169,329
  • Alternative Use

    Use
    Valuation
    Residential
    $11,699,711
    Hospitality
    $10,716,872
    Educational
    $8,916,312
    Medical
    $9,222,957
    Retail
    $13,869,818

Location Insight

City
Red Wing
County
Goodhue
State
Minnesota
Latitude
44.5668
Longitude
-92.5732
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
$26,706
$216,300
$680,100
$896,400
-
$216,300
$680,100
$896,400

FAQs

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