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Financial
Distress signals
Property profile

223 Broadway N Ave Rochester, MN 55906

OFF-MARKET
Other investment properties
Property ID
US46-1479264
8,407 SF 0.09 ac lot Built 1920
Last sale Aug 2021 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 223 Broadway Ave N in Downtown Rochester, this commercial space is configured for either retail or office use. The interior layout includes a bright, open area along with glass conference rooms, private offices, and a finished professional interior. The property is situated along a busy downtown corridor, providing street-facing visibility that can support walk-in customer traffic for retail and a polished work environment for office use. The building’s setup also supports a variety…

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 · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2022$521k
Assessed land$194k
Assessed improvement$327k
Effective rate3.96%

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.30M
AI approach$1.18M
CAP approach$1.29M
Submarket $/SF estimate$775k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$89 – $262

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.4
Dry Cleaner9.2
Locksmith9.1

Location

223 Broadway N Ave Rochester, MN 55906-3694
County assessor Recorded deeds · 6 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 Broadway N, Rochester, MN 55906-3649 $1,800,000 Dec 2023 12,542 SF
122 10th NE, Rochester, MN 55906-3658 $700,000 May 2023 1,857 SF
28 7th NE, Rochester, MN 55906-3629 $1,050,000 Jan 2023 2,368 SF
1112 9th NE, Rochester, MN 55906-7141 $137,500 Sep 2021 1,764 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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