406 ElmDetroit Lakes, MN 56501

  • Hospitality properties
  • 3,496 SF
Off market

Property Details for 406 Elm

Year built
2012
Lot size
21.75 AC
Property size (Sq ft)
3,496 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
497025060
APU
497025060

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $730,066
    6.5%
    $673,907
    7%
    $625,771
  • Comparable approach

    Method
    Valuation
    Relative Method
    $419,324
    Geo Method
    $419,324
  • Alternative Use

    Use
    Valuation
    Residential
    $735,710
    Hospitality
    $673,907
    Educational
    $560,682
    Medical
    $579,965
    Retail
    $872,173
406 Elm, Detroit Lakes, Minnesota

Location Insight

City
Detroit Lakes
County
Becker
State
Minnesota
Latitude
46.8264
Longitude
-95.8502

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
$430
$291,200
$2,761,000
$3,052,200
-
$291,200
$2,761,000
$3,052,200

FAQs

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