The property is located at 1124 11 1/2 St SE in Rochester, Minnesota and consists of a parcel of land with an existing building. It is presented as a development site, with only limited details available regarding zoning, utilities, site configuration, frontage, and building layout or condition, which are factors to be verified through due diligence.

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?

$16k

Tax billed · 2023

Assessed value · 2021$565k

Assessed land$380k

Assessed improvement$185k

Effective rate2.90%

Value estimate

· Oct 2026

$760k

$684k – $836k

AI approach$635k

Submarket $/SF estimate$644k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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 agency34.9

Law Firm24.0

Wholesale Shop23.3

1124 11th 12th SE St Rochester, MN 55904-5027

County assessor Recorded deeds · 1 transfer 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

Address Sale price Sold Size

5397 Hwy 52nd S, Rochester, MN 55904-6326 $300,000 Jan 2025 1,800 SF

411 12th SE, Rochester, MN 55904-7435 $430,000 Jun 2023 2,960 SF

413 3rd SE, Rochester, MN 55904-4876 $650,000 Nov 2022 3,240 SF

5296 65th SE, Rochester, MN 55904-6471 $260,000 Jun 2021 6,520 SF

1750 3rd SE, Rochester, MN 55904-7921 $900,000 Feb 2021 2,400 SF

107 Woodlake SE, Rochester, MN 55904-5534 $600,000 Nov 2018 7,576 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

Value Estimation
$645,000

3,240 SF

413 3rd SE Ave

OFFICE BUILDING

413 3rd SE Ave, Rochester, MN 55904-4876

View Details
Value Estimation
$635,000

3,849 SF

519 16th SE St

OFFICE BUILDING

519 16th SE St, Rochester, MN 55904-5234

View Details
Value Estimation
$375,000

2,960 SF

411 12th SE St

OFFICE BUILDING

411 12th SE St, Rochester, MN 55904-7435

View Details
Value Estimation
$495,000

2,742 SF

2109 Broadway S Ave

OFFICE BUILDING

2109 Broadway S Ave, Rochester, MN 55904-5526

View Details
Value Estimation
$900,000

5,124 SF

5 Ctr St

OFFICE BUILDING

5 Ctr St, Rochester, MN 55904-3758

View Details
Value Estimation
$895,000

5,130 SF

415 Broadway S Ave

OFFICE BUILDING

415 Broadway S Ave, Rochester, MN 55904-6754

View Details

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1124 11th 12th SE St Rochester, MN 55904

Property summary