8700 ParkviewOtsego, MN 55330

  • Retail properties
  • 19,927 SF
Off market
$3,586,561 Estimated

Property Details for 8700 Parkview

Year built
2023
Lot size
2.80 AC
Property size (Sq ft)
19,927 SF
Property type
Retail properties
Property subtype
Retail space
APN
118-360-028010
APU
118360028010

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,385,613
    6.5%
    $4,971,335
    7%
    $4,616,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,563,027
    Geo Method
    $2,563,027
  • Alternative Use

    Use
    Valuation
    Residential
    $4,193,507
    Hospitality
    $3,841,230
    Educational
    $3,195,858
    Medical
    $3,305,768
    Retail
    $4,971,335
8700 Parkview, Otsego, Minnesota

Location Insight

City
Otsego
County
Wright
State
Minnesota
Latitude
45.2773
Longitude
-93.5667
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,518,400
  • Assessed land value
    $1,445,700
  • Assessed value
    $2,964,100
  • Tax year
    2024
  • Tax bill
    $11,188

Property Visit Statistics

  • Visits by month
    26.7k
  • Visitors by month
    17.1k
  • Avg Time on site
    23 min

FAQs

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