263 RivHanover, MN 55341

  • Office properties
  • 1,536 SF
Off market
$471,537 Estimated

Property Details for 263 Riv

Year built
1990
Construction
WOOD
Lot size
0.74 AC
Property size (Sq ft)
1,536 SF
Property type
Office properties
Property subtype
Office buildings
APN
108-012-001010
APU
108012001010

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $282,402
    6.5%
    $260,678
    7%
    $242,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $78,397
    Geo Method
    $78,397
  • Alternative Use

    Use
    Valuation
    Residential
    $323,241
    Hospitality
    $296,087
    Educational
    $246,341
    Medical
    $254,813
    Retail
    $383,197
263 Riv, Hanover, Minnesota

Location Insight

City
Hanover
County
Wright
State
Minnesota
Latitude
45.1563
Longitude
-93.6603
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $232,300
  • Assessed land value
    $157,400
  • Assessed value
    $389,700
  • Tax year
    2023
  • Tax bill
    $10,698

FAQs

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