400 GrovelandMinneapolis, MN 55403

  • Retail properties
  • 2.02 AC
Off market

Property Details for 400 Groveland

Year built
1968
Lot size
2.02 AC
Zone code
OR3
Property type
Retail properties
Property subtype
Parking lots & garages
APN
27-029-24-33-0614
APU
2702924330614

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,756,480
    6.5%
    $21,929,058
    7%
    $20,362,696
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,305,768
    Geo Method
    $11,305,768
  • Alternative Use

    Use
    Valuation
    Residential
    $18,497,980
    Hospitality
    $16,944,050
    Educational
    $14,097,251
    Medical
    $14,582,078
    Retail
    $21,929,058
400 Groveland, Minneapolis, Minnesota

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9662
Longitude
-93.2853
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $11,000
  • Assessed land value
    $3,000
  • Assessed value
    $14,000
  • Tax year
    2023
  • Tax bill
    $183

FAQs

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