11855 FrankfortSaint Michael, MN 55376

  • Residential income properties
  • 10.85 AC
Off market
$2,257,013 Estimated

Property Details for 11855 Frankfort

Year built
2023
Lot size
10.85 AC
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
114-403-001020
APU
114403001020

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $107,749,472
    6.5%
    $99,461,056
    7%
    $92,356,696
  • Comparable approach

    Method
    Valuation
    Relative Method
    $37,390,388
    Geo Method
    $37,390,388
  • Alternative Use

    Use
    Valuation
    Residential
    $99,461,056
    Hospitality
    $91,105,792
    Educational
    $75,798,952
    Medical
    $78,405,792
    Retail
    $117,909,472
11855 Frankfort, Saint Michael, Minnesota

Location Insight

City
Saint Michael
County
Wright
State
Minnesota
Latitude
45.2152
Longitude
-93.6463
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $813,400
  • Assessed land value
    $1,051,900
  • Assessed value
    $1,865,300
  • Tax year
    2024
  • Tax bill
    $9,156

FAQs

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