925 Hwy 10th EusDetroit Lakes, MN 56501

  • Auto shops
  • 23,000 SF
Off market

Property Details for 925 Hwy 10th Eus

Year built
1980
Lot size
5.51 AC
Property size (Sq ft)
23,000 SF
Property type
Auto shops
APN
490480000
APU
490480000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,847,480
    6.5%
    $4,474,600
    7%
    $4,154,980
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,220,880
    Geo Method
    $1,220,880
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,736,020
    Mixed-Use / Specialty
    $4,454,560
    Hospitality / Lodging
    $3,262,850
    Office
    $4,423,840
    Institutional / Educational
    $4,629,490
    Residential Income
    $5,416,500
    Multifamily
    $6,518,920
    Automotive / Energy
    $3,968,130
    Parking / Income-Based Land
    $1,373,390
    Restaurant / Food Service
    $2,308,130
    Healthcare / Senior Housing
    $4,572,260

Location Insight

City
Detroit Lakes
County
Becker
State
Minnesota
Latitude
46.8079
Longitude
-95.8225

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
$46,808
$612,500
$1,194,600
$1,807,100
-
$612,500
$1,194,600
$1,807,100

FAQs

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