2660 Superior Dr Rochester, MN 55901
- Office buildings
- 5,592 SF
- 0.39 lot acres
Current Use by Public Records
- GoRout / Software Company
- Capital General Contracting / General Contractor
- Healent Acupuncture / Acupuncture Clinic / Service Establishment
- Knight Barry Title / Title Company
- revivalrochester / Massage Therapist
Property Details for 2660 Superior Dr
- Year built
- 2003
- Lot size
- 0.39 lot acres
- Property size
- 5,592 SF
- Property type
- Office buildings
- APN
- 74.20.43.061680
- APU
- 742043061680
Description
This exceptional investment opportunity presents a fully leased, two-story office building totaling 4,734 square feet, situated at 2660 Superior Dr NW in Rochester, Minnesota. Built in 2003, this single-building property consists of four individual units, offering flexibility for various business needs. The convenient location in Northwest Rochester provides excellent visibility and accessibility, with proximity to major retailers like Costco and Five West, ensuring high traffic and strong tenant appeal. The building boasts practical features designed for ease of use and security, including timed door locks and ample front door parking. The property's APN is 74.20.43.061680, and its location within Olmsted County, Minnesota, offers a stable and desirable market for commercial real estate. This fully occupied asset represents a strong investment opportunity for those seeking a stable income stream and a prime location in a thriving Minnesota city. The property's strategic placement and desirable features make it an attractive option for both investors and tenants alike. This is a rare chance to acquire a well-maintained, fully leased office building in a high-demand area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $905,000
- 6.5%
- $970,000
- 7%
- $1,095,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $980,000
- Geo Method
- $955,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $975,000
- Retail
- $895,000
- Mixed-Use
- $970,000
- Hospitality
- $935,000
- Educational
- $935,000
- Residential Income
- $935,000
- Energy
- $855,000
- Income-Based Land
- $870,000
- Food Service
- $890,000
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.5241
- Latitude
- 44.0514
- CBSA code
- 40340
- CBSA name
- ROCHESTER, MN METROPOLITAN STATISTICAL AREA
