311 MainPark Rapids, MN 56470

  • Bars
  • 5,350 SF
Off market
$272,000 Estimated

Property Details for 311 Main

Year built
1950
Lot size
0.16 AC
Property size (Sq ft)
5,350 SF
Property type
Bars
Property subtype
Pubs
APN
32.37.08600
APU
323708600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,445,929
    6.5%
    $1,334,704
    7%
    $1,239,368
  • Comparable approach

    Method
    Valuation
    Relative Method
    $688,121
    Geo Method
    $688,121
  • Alternative Use

    Use
    Valuation
    Residential
    $1,125,872
    Hospitality
    $1,031,293
    Educational
    $858,024
    Medical
    $887,533
    Retail
    $1,334,704
311 Main, Park Rapids, Minnesota

Location Insight

City
Park Rapids
County
Hubbard
State
Minnesota
Latitude
46.9195
Longitude
-95.0604

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
2018
$10,232
$58,000
$214,000
$272,000
-
$58,000
$214,000
$272,000

FAQs

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