8513 5thLake Elmo, MN 55042

Property Details for 8513 5th

Year built

2020

Property size (Sq ft)

8,004 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

33-029-21-13-0026

APU

3302921130026

• CAP approach

  CAP return

  Valuation

  6%

  $2,163,218

  6.5%

  $1,996,817

  7%

  $1,854,187

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,029,481

  Geo Method

  $1,029,481

• Alternative Use

  Use

  Valuation

  Residential

  $1,684,390

  Hospitality

  $1,542,892

  Educational

  $1,283,668

  Medical

  $1,327,815

  Retail

  $1,996,817

Location Insight

City

Lake Elmo

County

Washington

State

Minnesota

Latitude

44.9581

Longitude

-92.9331

CBSA code

33460

CBSA name

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

Property Tax & Assessments

• Assessed Improved Value
  $1,991,200
• Assessed land value
  $840,500
• Assessed value
  $2,831,700
• Tax year
  2023
• Tax bill
  $81,348

FAQs

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