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    3416 Lakeridge Pl NW Rochester, MN 55901

    For Lease
    $16 SF/Yr ($13,226 /Mo)

    9,207 SF office building with flexible layout in Rochester, MN.

    Property size:
    9,920 SF
    Lot size:
    0.71 Acres

    Property Features for 3416 Lakeridge Pl NW

    General Information

    Size
    9,920 SF
    Lot size
    0.71 Acres

    Source: Realty Growth, Inc Agent LeighAnn Peltoma

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

    Overview

    Adaptable Office/Industrial Space For Lease

    Available for lease is a 9,207 SF office building featuring a flexible layout suitable for professional, medical, or service-based users. Constructed in 2005, the building has a modern design and is fully ADA accessible. The interior includes a reception area, a large open work area, a private conference room, and generous storage. Three drive-in doors provide a combination of office and light industrial functionality. Abundant windows provide natural light. The space is currently open and undivided but can be demised to accommodate tenants seeking as little as 4,000 SF. The property is located on Lakeridge Place NW in Rochester, MN, offering a desirable setting near West Circle Drive and Highway 14, providing accessibility and visibility. Ample on-site parking adds to the overall convenience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FSB Mortgage - Michelle ... Mortgage Lender FSB Mortgage Mortgage Lender Salas O'Brien Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5153857
    Latitude
    44.0315116

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    FAQs

    What type of property is this?
    Office building - 9,207 SF office building with flexible layout in Rochester, MN.
    Where is this office building located?
    The property is located at 3416 Lakeridge Pl NW Rochester, MN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Highly accessible location off West Circle Drive and near Highway 14.; - Flexible layout suitable for various professional, medical, or service-based users; divisible to 4,000 SF.; - Modern, well-maintained building constructed in 2005.
    (507) 358-6577
    Request Owner's contact information
    3416 Lakeridge Pl NW Rochester, MN 55901
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    Rochester, MN 55901
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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
    3416 Lakeridge Pl NW Rochester, MN 55901
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