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Financial
Distress signals
Property profile

1818 Broadway S Ave Rochester, MN 55904

OFF-MARKET
Bars & Pubs
Property ID
US46-1231582
5,232 SF 1.09 ac lot Built 2003
Last sale Aug 2019 · $1,327,203
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a standalone Perkins Restaurant and Bakery held in fee-simple and configured for restaurant use. It is located on a corner parcel of approximately 1.09 acres along Broadway Ave S, with street visibility supported by exposure associated with the roadway. The building is positioned at a corner and is within about one block of nearby hospitality properties including Hampton Inn, Rochester Inn, and Econo Lodge, which contributes to its walk-in accessibility. The site operates under…

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?
$49k
Tax billed · 2022
Assessed value$1.68M
Assessed land$473k
Assessed improvement$1.21M
Effective rate2.91%

Value estimate

· Oct 2026
$765k
$689k – $842k
Submarket $/SF estimate$726k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$175/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$126 – $228

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.1
Law Firm14.6
Convenience Store10.0

Location

1818 Broadway S Ave Rochester, MN 55904-7929
County assessor Recorded deeds · 3 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1226 Broadway S, Rochester, MN 55904-3821 $1,625,000 Jul 2024 6,666 SF
3925 Marion SE, Rochester, MN 55904-9033 $300,000 Apr 2024 9,100 SF
1207 Marion SE, Rochester, MN 55904-5711 $891,885 Mar 2024 3,189 SF
4576 Maine SE, Rochester, MN 55904-6930 $2,200,000 Oct 2023 7,980 SF
2009 Eastwood SE, Rochester, MN 55904-5172 $325,000 Dec 2019 3,072 SF
4270 Maine SE, Rochester, MN 55904-6935 $1,295,000 Sep 2019 6,189 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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