11343 39thLake Elmo, MN 55042

  • Office properties
  • 8,488 SF
Off market
$1,120,581 Estimated

Property Details for 11343 39th

Year built
1997
Lot size
3.00 AC
Property size (Sq ft)
8,488 SF
Property type
Office properties
Property subtype
Office buildings
APN
13-029-21-22-0008
APU
1302921220008

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,560,563
    6.5%
    $1,440,520
    7%
    $1,337,625
  • Comparable approach

    Method
    Valuation
    Relative Method
    $433,228
    Geo Method
    $433,228
  • Alternative Use

    Use
    Valuation
    Residential
    $1,786,244
    Hospitality
    $1,636,190
    Educational
    $1,361,291
    Medical
    $1,408,108
    Retail
    $2,117,564
11343 39th, Lake Elmo, Minnesota

Location Insight

City
Lake Elmo
County
Washington
State
Minnesota
Latitude
45.005
Longitude
-92.8788
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $664,700
  • Assessed land value
    $261,400
  • Assessed value
    $926,100
  • Tax year
    2023
  • Tax bill
    $36,598

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