224 RivDelano, MN 55328

  • Mixed-use properties
  • 2,091 SF
Off market
$252,164 Estimated

Property Details for 224 Riv

Year built
1910
Construction
STEEL FRAME
Lot size
0.07 AC
Property size (Sq ft)
2,091 SF
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
107-011-001280
APU
107011001280

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $466,571
    6.5%
    $430,681
    7%
    $399,918
  • Comparable approach

    Method
    Valuation
    Relative Method
    $165,423
    Geo Method
    $165,423
  • Alternative Use

    Use
    Valuation
    Residential
    $430,681
    Hospitality
    $394,501
    Educational
    $328,220
    Medical
    $339,508
    Retail
    $510,565
224 Riv, Delano, Minnesota

Location Insight

City
Delano
County
Wright
State
Minnesota
Latitude
45.0425
Longitude
-93.7889
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $173,400
  • Assessed land value
    $35,000
  • Assessed value
    $208,400
  • Tax year
    2023
  • Tax bill
    $3,591

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