1811 Old Hwy 8thNew Brighton, MN 55112

  • Office properties
  • 31,488 SF
For Sale
$4,250,000 View listing

Property Details for 1811 Old Hwy 8th

Year built
1994
Lot size
2.08 AC
Property size (Sq ft)
31,488 SF
Zone code
D
Property type
Office properties
Property subtype
Office buildings
APN
21-30-23-22-0016
APU
213023220016

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,789,232
    6.5%
    $5,343,906
    7%
    $4,962,199
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,607,148
    Geo Method
    $1,607,148
  • Alternative Use

    Use
    Valuation
    Residential
    $6,626,444
    Hospitality
    $6,069,787
    Educational
    $5,049,992
    Medical
    $5,223,668
    Retail
    $7,855,542
1811 Old Hwy 8th, New Brighton, Minnesota

Location Insight

City
New Brighton
County
Ramsey
State
Minnesota
Latitude
45.0774
Longitude
-93.1871
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,987,100
  • Assessed land value
    $542,800
  • Assessed value
    $3,529,900
  • Tax year
    2023
  • Tax bill
    $116,748

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