1404 BroadwayNew Ulm, MN 56073

  • Retail properties
  • 3,274 SF
Off market
$552,244 Estimated

Property Details for 1404 Broadway

Year built
1986
Property size (Sq ft)
3,274 SF
Zone code
C2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
001.002.091.01.010
APU
100209101010

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $792,237
    6.5%
    $731,295
    7%
    $679,060
  • Comparable approach

    Method
    Valuation
    Relative Method
    $421,104
    Geo Method
    $421,104
  • Alternative Use

    Use
    Valuation
    Residential
    $616,875
    Hospitality
    $565,054
    Educational
    $470,118
    Medical
    $486,287
    Retail
    $731,295
1404 Broadway, New Ulm, Minnesota

Location Insight

City
New Ulm
County
Brown
State
Minnesota
Latitude
44.2984
Longitude
-94.4476
CBSA code
35580
CBSA name
NEW ULM, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $316,800
  • Assessed land value
    $139,600
  • Assessed value
    $456,400
  • Tax year
    2023
  • Tax bill
    $10,156

Property Visit Statistics

  • Visits by month
    6.1k
  • Visitors by month
    4.0k
  • Avg Time on site
    13 min

FAQs

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