3507 Round Lake BlvdAnoka, MN 55303

  • Strip malls
  • 15,040 SF

Property Details for 3507 Round Lake Blvd

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.33 AC
Property size (Sq ft)
15,040 SF
Zone code
B-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
32-32-24-31-0135
APU
323224310135

Description

Meadow Creek Plaza, located at 3507 Round Lake Blvd NW, Anoka, MN 55303, offers a prime retail opportunity. This established plaza comprises three buildings totaling 32,000 square feet, situated at the intersection of Round Lake Boulevard and Bunker Lake Boulevard, providing excellent visibility and accessibility. The property, with APN numbers 32-32-24-31-0134

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,064,818
    6.5%
    $3,752,139
    7%
    $3,484,129
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,934,457
    Geo Method
    $1,934,457
  • Alternative Use

    Use
    Valuation
    Residential
    $3,165,070
    Hospitality
    $2,899,187
    Educational
    $2,412,090
    Medical
    $2,495,045
    Retail
    $3,752,139

Location Insight

City
Anoka
County
Anoka
State
Minnesota
Latitude
45.2174
Longitude
-93.3582
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
2024
$82,165
$691,300
$2,406,500
$3,097,800
-
$691,300
$2,406,500
$3,097,800

FAQs

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