1901 4thNewport, MN 55055

  • Retail properties
  • 5,400 SF
Off market
$486,700 Estimated

Property Details for 1901 4th

Year built
1973
Lot size
0.18 AC
Property size (Sq ft)
5,400 SF
Property type
Retail properties
Property subtype
Gas stations
APN
26-028-22-44-0013
APU
2602822440013

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,459,442
    6.5%
    $1,347,178
    7%
    $1,250,951
  • Comparable approach

    Method
    Valuation
    Relative Method
    $694,552
    Geo Method
    $694,552
  • Alternative Use

    Use
    Valuation
    Residential
    $1,136,395
    Hospitality
    $1,040,931
    Educational
    $866,043
    Medical
    $895,827
    Retail
    $1,347,178
1901 4th, Newport, Minnesota
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Location Insight

City
Newport
County
Washington
State
Minnesota
Latitude
44.8782
Longitude
-93.0049
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,200
$34,000
$452,700
$486,700
-
$34,000
$452,700
$486,700

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