3394 Lk ElmoLake Elmo, MN 55042

  • Office properties
  • 5,000 SF
Off market
$651,464 Estimated

Property Details for 3394 Lk Elmo

Year built
1976
Lot size
0.19 AC
Property size (Sq ft)
5,000 SF
Property type
Office properties
Property subtype
Office buildings
APN
13-029-21-32-0001
APU
1302921320001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $919,276
    6.5%
    $848,562
    7%
    $787,951
  • Comparable approach

    Method
    Valuation
    Relative Method
    $255,200
    Geo Method
    $255,200
  • Alternative Use

    Use
    Valuation
    Residential
    $1,052,217
    Hospitality
    $963,825
    Educational
    $801,891
    Medical
    $829,470
    Retail
    $1,247,387
3394 Lk Elmo, Lake Elmo, Minnesota

Location Insight

City
Lake Elmo
County
Washington
State
Minnesota
Latitude
44.9981
Longitude
-92.8802
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $486,900
  • Assessed land value
    $51,500
  • Assessed value
    $538,400
  • Tax year
    2023
  • Tax bill
    $16,648

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