Versatile Industrial/Office Building in
2460 Marion Rd SE Rochester, MN
2460 Marion Rd SE, Rochester, MN, 00000
Contact for pricing
For Sale
Contact for pricing
Adaptable space for manufacturing, warehousing, or commercial operations.
Property Size23,378 SF
Lot Size12.76 Acres
Price / SF$106.94
Days on Market239
Property Features for 2460 Marion Rd SE
General Information
- Standard status
- Active
- Size
- 23,378 SF
- Lot size
- 12.76 Acres
- Property subtype
- FLEX_R_AND_D
Listing agency
Paramark Corporation
(507) 421-6556
Listed by
Darci Fenske · License #MINNESOTA20135501
(507) 421-6556
Source
Moodyscre
Added: Nov 24, 2025 Updated: Jul 10 at 11:32AM Checked: Jul 21 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paramark Corporation
Investment Insights
Based on property information with market context.
Under new ownership, this building offers over 46,000 SF of versatile light industrial and office space suitable for various industries in Rochester, MN. The property features two available suites: Suite 100 on the first floor and Suite 200 on the second floor, each offering 23,378 SF that can be divided. The layout includes an open floor plan, several offices, and conference rooms located off the main lobby. The building is equipped with three clean rooms that have significant electrical capacity to support specialized operations. Ample on-site parking is available for employees, clients, and visitors. The property is located on Marion Road, providing convenient access to major highways and business hubs. This space is suitable for industrial, manufacturing, warehousing, or commercial operations and can be demised to accommodate businesses of various sizes.
Key Highlights
- Over 46,000 SF of divisible space ideal for industrial, manufacturing, warehousing, or commercial operations.
- Three clean rooms equipped with significant electrical capacity.
- Prime location on Marion Road with easy access to major highways and business hubs.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $224.4k | $9.60 |
| − Vacancy | −$6.7k | −$0.29 |
| EGI | $217.7k | $9.31 |
| − OpEx | −$32.7k | −$1.40 |
| NOI | $185.0k | $7.92 |
23,378 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$6.15M
$5.38M – $7.18M
NOI $430,798 @ 7.0% cap · market cap 17.23%
Second Best
Warehouse
$2.64M
$2.31M – $3.08M
NOI $185,042 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$9.00M
$7.88M – $10.50M
NOI $630,286 @ 7.0% cap · market cap 25.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SEMAA
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Adaptable space for manufacturing, warehousing, or commercial operations.
Where is this manufacturing property located?
The property is located at 2460 Marion Rd SE Rochester, MN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Over 46,000 SF of divisible space ideal for industrial, manufacturing, warehousing, or commercial operations.; Three clean rooms equipped with significant electrical capacity.; Prime location on Marion Road with easy access to major highways and business hubs.
