119 12thForest Lake, MN 55025

Property Details for 119 12th

Year built

1988

Lot size

5.82 AC

Property size (Sq ft)

40,500 SF

Property type

Retail properties

Property subtype

Retail space

APN

08-032-21-23-0012

APU

803221230012

• CAP approach

  CAP return

  Valuation

  6%

  $10,945,818

  6.5%

  $10,103,832

  7%

  $9,382,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,209,142

  Geo Method

  $5,209,142

• Alternative Use

  Use

  Valuation

  Residential

  $8,522,960

  Hospitality

  $7,806,986

  Educational

  $6,495,320

  Medical

  $6,718,704

  Retail

  $10,103,832

Location Insight

City

Forest Lake

County

Washington

State

Minnesota

Latitude

45.2777

Longitude

-92.9974

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $2,117,700
• Assessed land value
  $1,313,000
• Assessed value
  $3,430,700
• Tax year
  2023
• Tax bill
  $99,810

FAQs

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