501 Hwy 63rdRacine, MN 55967

Property Details for 501 Hwy 63rd

Year built

2004

Lot size

1.45 AC

Property size (Sq ft)

8,008 SF

Property type

Retail properties

Property subtype

Retail space

APN

29.005.0403

APU

290050403

• CAP approach

  CAP return

  Valuation

  6%

  $1,937,761

  6.5%

  $1,788,703

  7%

  $1,660,938

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,029,995

  Geo Method

  $1,029,995

• Alternative Use

  Use

  Valuation

  Residential

  $1,508,838

  Hospitality

  $1,382,087

  Educational

  $1,149,880

  Medical

  $1,189,426

  Retail

  $1,788,703

Location Insight

City

Racine

County

Mower

State

Minnesota

Latitude

43.7707

Longitude

-92.4838

CBSA code

12380

CBSA name

AUSTIN, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $262,100
• Assessed land value
  $49,000
• Assessed value
  $311,100
• Tax year
  2022
• Tax bill
  $6,618

FAQs

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