3987 RiceShoreview, MN 55126

  • Retail properties
  • 12,108 SF
Off market
$1,770,835 Estimated

Property Details for 3987 Rice

Year built
1985
Lot size
2.17 AC
Property size (Sq ft)
12,108 SF
Property type
Retail properties
Property subtype
Strip malls
APN
25-30-23-11-0190
APU
253023110190

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,272,394
    6.5%
    $3,020,672
    7%
    $2,804,909
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,557,341
    Geo Method
    $1,557,341
  • Alternative Use

    Use
    Valuation
    Residential
    $2,548,050
    Hospitality
    $2,334,000
    Educational
    $1,941,860
    Medical
    $2,008,644
    Retail
    $3,020,672
3987 Rice, Shoreview, Minnesota

Location Insight

City
Shoreview
County
Ramsey
State
Minnesota
Latitude
45.0617
Longitude
-93.107
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $896,900
  • Assessed land value
    $566,600
  • Assessed value
    $1,463,500
  • Tax year
    2023
  • Tax bill
    $48,958

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