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    3701 40Th Ave NW Rochester, MN 55901

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    For Lease
    $18 SF/Yr ($7,515 /Mo)

    Main floor office space with exterior access and drive-in door.

    Property size:
    5,010 SF
    Lot size:
    2.66 Acres

    Property Features for 3701 40Th Ave NW

    General Information

    Size
    5,010 SF
    Lot size
    2.66 Acres

    Source: Paramark Corporation Agent Darci Fenske

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

    Overview

    Office Space with Drive-In Door

    This 5,010 square foot office space is located on the main floor and offers direct access via an exterior door on the east side of the building. The space is currently in shell condition, with bathrooms stubbed into the southwest corner. It features an overhead drive-in door. The space is contiguous to Weis Builders.
    Insight Report Location Intelligence

    Current Use by Public Records

    WSB & Associates Engineering Consultant Weis Builders Construction Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office 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
    -92.5225799
    Latitude
    44.0604908

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    FAQs

    What type of property is this?
    Office space - Main floor office space with exterior access and drive-in door.
    Where is this office space located?
    The property is located at 3701 40Th Ave NW Rochester, MN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Main floor space; - OH Drive in Door; - Access to space by exterior door
    (507) 421-6556
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    3701 40Th Ave 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
    3701 40Th Ave NW Rochester, MN 55901
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