5960 Hwy 61stSaint Paul, MN 55110

  • Retail properties
  • 11,824 SF
For Lease
$18/SF/YR View listing

Property Details for 5960 Hwy 61st

Year built
1958
Construction
WOOD FRAME
Lot size
1.95 AC
Property size (Sq ft)
11,824 SF
Zone code
D
Property type
Retail properties
Property subtype
Strip malls
APN
01-30-22-22-0004
APU
13022220004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,195,638
    6.5%
    $2,949,820
    7%
    $2,739,118
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,520,812
    Geo Method
    $1,520,812
  • Alternative Use

    Use
    Valuation
    Residential
    $2,488,284
    Hospitality
    $2,279,254
    Educational
    $1,896,313
    Medical
    $1,961,530
    Retail
    $2,949,820
5960 Hwy 61st, Saint Paul, Minnesota

Location Insight

City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
45.1223
Longitude
-93.0026
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $835,300
  • Assessed land value
    $594,600
  • Assessed value
    $1,429,900
  • Tax year
    2023
  • Tax bill
    $36,692

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