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    1261 S Broadway Rochester, MN 55904

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    For Sale
    $1,500,000

    Retail building with high visibility and traffic counts.

    Property size:
    5,190 SF
    Lot size:
    0.46 Acres

    Property Features for 1261 S Broadway

    General Information

    Size
    5,190 SF
    Lot size
    0.46 Acres

    Source: Core Real Estate Group Agent Chad Behnken

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

    Overview

    Retail Building Near Crossroads Center

    This 5,190 square foot retail building is located near the Crossroads Shopping Center. The main floor comprises approximately 4,010 square feet, while the second floor offers around 1,180 square feet of space. The location provides convenient access to various retail shops and dining options. The property benefits from high visibility and exposure, with significant traffic counts of 22,161 cars per day on South Broadway and 28,957 cars per day on Highway 14.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.463243
    Latitude
    44.007084

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    FAQs

    What type of property is this?
    Retail space - Retail building with high visibility and traffic counts.
    Where is this retail space located?
    The property is located at 1261 S Broadway 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: - Highly desirable location near the Crossroads Shopping Center; - **High traffic counts:** S Broadway - 22,161 CPD, HWY 14 - 28,957 CPD; - Total building size is 5,190 SF
    (507) 251-7667
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    1261 S Broadway 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
    1261 S Broadway Rochester, MN 55904
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