309 FaxonNorwood Young America, MN 55368

  • Retail properties
  • 6,732 SF
Off market
$10,920,400 Estimated

Property Details for 309 Faxon

Year built
1981
Lot size
1.09 AC
Property size (Sq ft)
6,732 SF
Property type
Retail properties
Property subtype
Retail space
APN
58-6880180
APU
586880180

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,628,997
    6.5%
    $1,503,690
    7%
    $1,396,283
  • Comparable approach

    Method
    Valuation
    Relative Method
    $865,875
    Geo Method
    $865,875
  • Alternative Use

    Use
    Valuation
    Residential
    $1,268,419
    Hospitality
    $1,161,865
    Educational
    $966,658
    Medical
    $999,903
    Retail
    $1,503,690
309 Faxon, Norwood Young America, Minnesota
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Location Insight

City
Norwood Young America
County
Carver
State
Minnesota
Latitude
44.77
Longitude
-93.9208
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
2024
$11,016
$237,400
$186,700
$424,100
-
$237,400
$186,700
$424,100

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