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Financial
Distress signals
Property profile

3621 9Th St NW Rochester, MN 55901

FOR LEASE
Other warehouses
Property ID
US46-1758915
7,216 SF 1.27 ac lot Built 1997
Last sale Dec 2024 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a flex building with a total size of 7,216 square feet, combining warehouse and office use. Approximately 3,888 square feet is configured as warehouse space with overhead doors for loading and storage, and approximately 3,328 square feet is dedicated to office and operational space. The office area includes a reception area, multiple private offices, a conference room, a break room, and additional storage areas, with large windows providing natural light. The building is located…

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 · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value$803k
Assessed land$332k
Assessed improvement$470k
Effective rate2.79%

Value estimate

· Oct 2026
$410k
$369k – $451k
CAP approach$880k
Submarket $/SF estimate$1.10M
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$2k
Operating expenses−$19k
NOI · 313,357.14% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$56 – $152

Cap rate analysis

How does the asset earn?
313,357.14%
$44k 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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant21.6
Dental Office15.7
Wholesale Shop14.9

Location

3621 9Th St NW Rochester, MN 55901
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1814 15th NW, Rochester, MN 55901-0707 $1,300,000 Dec 2024 9,233 SF
840 7th NW, Rochester, MN 55901 $600,000 Aug 2024 11,805 SF
1380 7th NW, Rochester, MN 55901 $1,250,000 Nov 2023 11,190 SF
1928 32nd NW, Rochester, MN 55901-8320 $1,160,000 Oct 2023 6,000 SF
517 2nd NW, Rochester, MN 55901-2881 $1,471,970 Jul 2023 11,648 SF
412 2nd NW, Rochester, MN 55901-2855 $2,115,000 Jan 2023 9,304 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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