55318 State Hwy 68Mankato, MN 56001

  • Office properties
  • 896 SF
Off market
$175,813 Estimated

Property Details for 55318 State Hwy 68

Year built
1965
Lot size
2.75 AC
Property size (Sq ft)
896 SF
Property type
Office properties
Property subtype
Office buildings
APN
R50.08.15.351.003
APU
R500815351003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $147,491
    6.5%
    $136,146
    7%
    $126,421
  • Comparable approach

    Method
    Valuation
    Relative Method
    $45,732
    Geo Method
    $45,732
  • Alternative Use

    Use
    Valuation
    Residential
    $168,821
    Hospitality
    $154,639
    Educational
    $128,658
    Medical
    $133,083
    Retail
    $200,135
55318 State Hwy 68, Mankato, Minnesota

Location Insight

City
Mankato
County
Blue Earth
State
Minnesota
Latitude
44.1547
Longitude
-94.0649
CBSA code
31860
CBSA name
MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $68,400
  • Assessed land value
    $76,900
  • Assessed value
    $145,300
  • Tax year
    2024
  • Tax bill
    $1,026

FAQs

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