1208 RossmanDetroit Lakes, MN 56501

  • Retail properties
  • 3,180 SF
Off market
$5,503,670 Estimated

Property Details for 1208 Rossman

Year built
1954
Construction
WOOD
Lot size
0.55 AC
Property size (Sq ft)
3,180 SF
Property type
Retail properties
Property subtype
Other individual retail properties
APN
492512252
APU
492512252

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $859,449
    6.5%
    $793,338
    7%
    $736,671
  • Comparable approach

    Method
    Valuation
    Relative Method
    $409,014
    Geo Method
    $409,014
  • Alternative Use

    Use
    Valuation
    Residential
    $669,210
    Hospitality
    $612,993
    Educational
    $510,003
    Medical
    $527,543
    Retail
    $793,338
1208 Rossman, Detroit Lakes, Minnesota

Location Insight

City
Detroit Lakes
County
Becker
State
Minnesota
Latitude
46.811
Longitude
-95.8535

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
$5,732
$43,500
$251,500
$295,000
-
$43,500
$251,500
$295,000

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