407 1stLyle, MN 55953

  • Retail properties
  • 1,794 SF
Off market
$57,354 Estimated

Property Details for 407 1st

Year built
1892
Lot size
0.09 AC
Property size (Sq ft)
1,794 SF
Property type
Retail properties
Property subtype
Retail space
APN
27.001.0840
APU
270010840

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $434,109
    6.5%
    $400,716
    7%
    $372,093
  • Comparable approach

    Method
    Valuation
    Relative Method
    $230,746
    Geo Method
    $230,746
  • Alternative Use

    Use
    Valuation
    Residential
    $338,019
    Hospitality
    $309,623
    Educational
    $257,603
    Medical
    $266,462
    Retail
    $400,716
407 1st, Lyle, Minnesota

Location Insight

City
Lyle
County
Mower
State
Minnesota
Latitude
43.5051
Longitude
-92.9441
CBSA code
12380
CBSA name
AUSTIN, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $35,400
  • Assessed land value
    $12,000
  • Assessed value
    $47,400
  • Tax year
    2023

FAQs

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