1903 6Th StBrainerd, MN 56401

  • Office properties
  • 14,376 SF
For Lease
$6/SF/YR View listing

Property Details for 1903 6Th St

Lot size
1.54 AC
Property size (Sq ft)
14,376 SF
Property type
Office properties
APN
41360879
APU
41360879

Description

This exceptional 14,105 square foot medical office building, situated on a 1.53-acre lot at 1903 S 6th Street in Brainerd, presents a remarkable opportunity. Built in 1982 and renovated in 2004, the property boasts 81 parking spaces, ensuring convenient access for patients and staff. Currently housing orthodontic and dermatology practices, this multi-tenant building offers 2,907 square feet of immediately available executive office or medical office space. The building features attractive common areas and high ceilings ranging from 9 to 19 feet, providing a professional and spacious environment. The property is zoned GC-General Commercial and benefits from its location on the busy S 6th Street corridor, surrounded by a thriving medical community and various service businesses. The building's electrical service is 200 Amp, single phase. The property's convenient location and ample parking make it an ideal setting for medical professionals seeking to establish or expand their practice. The property's APN is 41360879; 091420030012009, located in Crow Wing County. This is a turnkey opportunity to establish a presence in a vibrant and growing medical hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,643,102
    6.5%
    $2,439,786
    7%
    $2,265,516
  • Comparable approach

    Method
    Valuation
    Relative Method
    $733,751
    Geo Method
    $733,751
  • Alternative Use

    Use
    Valuation
    Residential
    $3,025,335
    Hospitality
    $2,771,191
    Educational
    $2,305,598
    Medical
    $2,384,891
    Retail
    $3,586,486

Location Insight

City
Brainerd
County
Crow Wing
State
Minnesota
Latitude
46.336
Longitude
-94.1998
CBSA code
14660
CBSA name
BRAINERD, 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
$13,672
$81,800
$667,600
$749,400
-
$81,800
$667,600
$749,400

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