2938 RidgewayBemidji, MN 56601

Property Details for 2938 Ridgeway

Year built

1986

Construction

WOOD

Lot size

2.54 AC

Property size (Sq ft)

9,966 SF

Property type

Residential income properties

Property subtype

High-rise multifamily apartments

APN

80.00071.02

APU

800007102

• CAP approach

  CAP return

  Valuation

  6%

  $2,272,053

  6.5%

  $2,097,280

  7%

  $1,947,474

• Comparable approach

  Method

  Valuation

  Method 1

  $788,430

  Method 2

  $788,430

• Alternative Use

  Use

  Valuation

  Residential

  $2,097,280

  Hospitality

  $1,921,097

  Educational

  $1,598,330

  Medical

  $1,653,299

  Retail

  $2,486,291

Location Insight

City

Bemidji

County

Beltrami

State

Minnesota

Latitude

47.4972

Longitude

-94.895

CBSA code

13420

CBSA name

BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $528,500
• Assessed land value
  $385,500
• Assessed value
  $914,000
• Tax year
  2024
• Tax bill
  $15,710

FAQs

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