1200 BroadwayNew Ulm, MN 56073

  • Office buildings
  • 4,048 SF
Off market
$409,300 Estimated

Property Details for 1200 Broadway

Year built
1969
Property size (Sq ft)
4,048 SF
Zone code
C2
Property type
Office buildings
APN
001.002.093.01.010
APU
100209301010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $666,345
    6.5%
    $615,088
    7%
    $571,153
  • Comparable approach

    Method
    Valuation
    Relative Method
    $206,610
    Geo Method
    $206,610
  • Alternative Use

    Use
    Valuation
    Residential
    $762,709
    Hospitality
    $698,638
    Educational
    $581,258
    Medical
    $601,249
    Retail
    $904,179

Location Insight

City
New Ulm
County
Brown
State
Minnesota
Latitude
44.3005
Longitude
-94.4495
CBSA code
35580
CBSA name
NEW ULM, 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
$4,266
$46,500
$362,800
$409,300
-
$46,500
$362,800
$409,300

FAQs

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