Financial
Distress signals
Property profile

331 16th NW Ave Rochester, MN 55901

OFF-MARKET
Banks
Property ID
US46-1380121
12,444 SF 0.71 ac lot Built 1964
Last sale Feb 2024 · $925,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value · 2022$1.36M
Assessed land$748k
Assessed improvement$607k
Effective rate2.89%

Value estimate

· Sep 2026
$925k
$833k – $1.02M
AI approach$925k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOLMSTED

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.3
Convenience Store11.7
Nail Salon11.7

Location

331 16th NW Ave Rochester, MN 55901-2298
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Rochester, MN 55901 $3,200,000 Dec 2025 12,182 SF
4181 31st NW, Rochester, MN 55901-5403 $1,000,000 Jul 2025 7,415 SF
4229 Hwy 52nd N, Rochester, MN 55901-4310 $2,300,000 Oct 2024 10,844 SF
945 37th NW, Rochester, MN 55901-7765 $1,213,500 Oct 2022 10,000 SF
835 38th NW, Rochester, MN 55901-6985 $1,950,000 Jun 2021 19,207 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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