715 MainElk River, MN 55330

  • Retail properties
  • 680 SF
Off market
$75,020 Estimated

Property Details for 715 Main

Year built
1900
Lot size
0.04 AC
Property size (Sq ft)
680 SF
Property type
Retail properties
Property subtype
Other individual retail properties
APN
75-405-0525
APU
754050525

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $183,782
    6.5%
    $169,645
    7%
    $157,527
  • Comparable approach

    Method
    Valuation
    Relative Method
    $87,462
    Geo Method
    $87,462
  • Alternative Use

    Use
    Valuation
    Residential
    $143,102
    Hospitality
    $131,080
    Educational
    $109,057
    Medical
    $112,808
    Retail
    $169,645
715 Main, Elk River, Minnesota

Location Insight

City
Elk River
County
Sherburne
State
Minnesota
Latitude
45.303
Longitude
-93.5682
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $24,500
  • Assessed land value
    $37,500
  • Assessed value
    $62,000
  • Tax year
    2023
  • Tax bill
    $1,122

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