301 8thTwo Harbors, MN 55616

  • Warehouses
  • 2.50 AC
Off market
$25,047,000 Estimated

Property Details for 301 8th

Year built
1990
Construction
WOOD
Lot size
2.50 AC
Property type
Warehouses
Property subtype
Self storage facilities
APN
23-7652-00100
APU
23765200100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $44,810,100
    6.5%
    $41,363,200
    7%
    $38,408,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,893,210
    Geo Method
    $8,893,210
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $21,186,300
    Mixed-Use / Specialty
    $21,091,400
    Hospitality / Lodging
    $15,448,900
    Office
    $20,945,900
    Institutional / Educational
    $21,919,600
    Residential Income
    $25,645,900
    Multifamily
    $30,865,700
    Automotive / Energy
    $18,788,200
    Parking / Income-Based Land
    $6,502,710
    Restaurant / Food Service
    $10,928,500
    Healthcare / Senior Housing
    $21,648,700

Location Insight

City
Two Harbors
County
Lake
State
Minnesota
Latitude
47.0273
Longitude
-91.6664
CBSA code
20260
CBSA name
DULUTH, 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
2023
-
$183,800
$825,300
$1,009,100
-
$183,800
$825,300
$1,009,100

FAQs

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