704 PatriotBemidji, MN 56601

Property Details for 704 Patriot

Year built

2008

Construction

WOOD

Lot size

4.03 AC

Property size (Sq ft)

5,400 SF

Property type

Residential income properties

Property subtype

High-rise multifamily apartments

APN

80.07203.00

APU

800720300

• CAP approach

  CAP return

  Valuation

  6%

  $1,231,094

  6.5%

  $1,136,395

  7%

  $1,055,224

• Comparable approach

  Method

  Valuation

  Method 1

  $427,205

  Method 2

  $427,205

• Alternative Use

  Use

  Valuation

  Residential

  $1,136,395

  Hospitality

  $1,040,931

  Educational

  $866,043

  Medical

  $895,827

  Retail

  $1,347,178

Location Insight

City

Bemidji

County

Beltrami

State

Minnesota

Latitude

47.5067

Longitude

-94.8882

CBSA code

13420

CBSA name

BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $3,657,400
• Assessed land value
  $278,600
• Assessed value
  $3,936,000
• Tax year
  2024
• Tax bill
  $65,846

FAQs

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