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    3800 50Th Ave SE Rochester, MN 55904

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    For Sale
    $1,500,000

    23,456 SF building on 7-acre lot in Rochester, MN.

    Property size:
    23,456 SF
    Lot size:
    7.33 Acres

    Property Features for 3800 50Th Ave SE

    General Information

    Size
    23,456 SF
    Lot size
    7.33 Acres

    Source: Core Real Estate Group Agent Chad Behnken

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former School Building on Large Lot

    The property features a 23,456 square foot single-story building accompanied by an additional 2,300 square foot garage, situated on a 7-acre lot. Substantial upgrades totaling $4.3 million have been invested, including a roof replacement in 2016 and improvements to the Indoor Air Quality (IAQ) system, encompassing the boiler, air handling units (AHUs), well, fire sprinkler reservoir, and multiple septic systems. A commercial-grade kitchen is also present. Formerly a school building, the property presents a turnkey opportunity for childcare, youth programming, and similar ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mighty Oaks Early ... Preschool

    Suggested Use

    Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Grocery Store Bar & Pub Discount Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.3782369
    Latitude
    43.966067

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    FAQs

    What type of property is this?
    School - 23,456 SF building on 7-acre lot in Rochester, MN.
    Where is this school located?
    The property is located at 3800 50Th Ave SE Rochester, MN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 23,456 SF single-story building on a large 7-acre lot with an additional 2,300 SF garage.; - $4.3 million in upgrades, including roof (2016).; - Unique opportunity for turnkey childcare, youth programming, and similar uses.
    (507) 251-7667
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    3800 50Th Ave SE Rochester, MN 55904
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    Rochester, MN 55904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3800 50Th Ave SE Rochester, MN 55904
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