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Financial
Distress signals
Property profile

2200 2Nd St SW Rochester, MN 55902

FOR SALE
Office buildings
Property ID
US46-1310880
11,992 SF 1.17 ac lot Built 2011
Last sale Jan 2010 · $695,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office building located at 2200 2nd Street SW in Rochester, Minnesota, and is classified and marketed for commercial use as office space. No additional specifics regarding building size, interior layout, number of suites, or on-site features are provided in the source description.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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

What does the county charge?
Assessed value · 2021$2.10M
Assessed land$610k
Assessed improvement$1.49M

Value estimate

· Oct 2026
$715k
$644k – $787k
AI approach$725k
Submarket $/SF estimate$500k
NOI build-up
Gross scheduled income$324k
Vacancy & credit loss−$29k
Operating expenses−$74k
NOI · 6.70% cap applied$221k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$157/SF
Submarket average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$95 – $218

Cap rate analysis

How does the asset earn?
6.70%
$221k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.4
Nail Salon10.4
Electrical Service10.3

Location

2200 2Nd St SW Rochester, MN 55902
County assessor Recorded deeds · 5 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3014 Allegro Park SW, Rochester, MN 55902-4162 $1,208,333 Apr 2025 4,950 SF
210 1st SW, Rochester, MN 55902 $4,500,000 Sep 2024 6,840 SF
2560 2nd SW, Rochester, MN 55902-4306 $2,755,000 Dec 2022 8,004 SF
3006 Allegro Park SW, Rochester, MN 55902-4159 $1,950,000 Aug 2021 10,455 SF
1221 3rd SW, Rochester, MN 55902-2196 $1,200,000 Oct 2018 8,800 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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