1826 BroadwayNew Ulm, MN 56073

  • Retail properties
  • 3,828 SF
Off market
$117,249 Estimated

Property Details for 1826 Broadway

Year built
1950
Property size (Sq ft)
3,828 SF
Zone code
C2
Property type
Retail properties
Property subtype
Auto shops
APN
001.001.084.08.080
APU
100108408080

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $926,293
    6.5%
    $855,039
    7%
    $793,965
  • Comparable approach

    Method
    Valuation
    Relative Method
    $492,360
    Geo Method
    $492,360
  • Alternative Use

    Use
    Valuation
    Residential
    $721,258
    Hospitality
    $660,668
    Educational
    $549,668
    Medical
    $568,572
    Retail
    $855,039
1826 Broadway, New Ulm, Minnesota

Location Insight

City
New Ulm
County
Brown
State
Minnesota
Latitude
44.3312
Longitude
-94.4774
CBSA code
35580
CBSA name
NEW ULM, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $31,400
  • Assessed land value
    $65,500
  • Assessed value
    $96,900
  • Tax year
    2023
  • Tax bill
    $1,978

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