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Property profile & analytics

13135 Main St Rogers, MN 55374

  • Commercial real estate
  • 0.75 lot acres
Value Estimation
Last Sale
Feb 18, 2021
$2,840,000
Location Intelligence
Property ID
US46-2770566
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 13135 Main St

Year built
2019
Construction
CONCRETE BLOCKS
Lot size
0.75 lot acres
Property type
Commercial real estate
APN
23-120-23-21-0033
APU
2312023210033

Description

This exceptional multi-tenant retail property, located at 13135 Main St in Rogers, Minnesota (zip code 55374), presents a compelling investment opportunity. Built in 2019, this 5,193 square foot center sits on a 0.75-acre lot and boasts 100% occupancy with three national tenants: Dunkin', Five Guys, and Prose. The property offers a strong net operating income (NOI) of $178,653, translating to an attractive 6.00% cap rate. The asking price is $2,975,000. Strategically positioned on a main I-94 exit, this center benefits from high visibility and easy access, serving a thriving retail market in Rogers, a premier out-of-metro retail hub with limited vacancy. The property's diverse tenant mix and strong financial performance make it an ideal addition to any investment portfolio. This is a triple-net lease investment, offering a low-maintenance, high-return opportunity. The property's location in Hennepin County, Minnesota, further enhances its appeal. This is a rare opportunity to acquire a high-performing retail center in a prime location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,705,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,600,000
    6.5%
    $2,705,000
    7%
    $2,495,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,790,000
    Geo Method
    $3,145,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,230,000
    Retail
    $3,050,000
    Mixed-Use
    $3,325,000
    Hospitality
    $3,450,000
    Educational
    $2,620,000
    Residential Income
    $2,825,000
    Energy
    $2,625,000
    Income-Based Land
    $3,440,000
    Food Service
    $2,845,000

Location Insight

  • Map
  • Local Demand
City
Rogers
County
Hennepin
State
Minnesota
Longitude
-93.5533
Latitude
45.193
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$93,097
$555,000
$2,595,000
$3,150,000
-
$555,000
$2,595,000
$3,150,000
More about this property
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