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    OFF-MARKET
    Warehouses

    1131 12th Valleyhigh NW Dr, Rochester, MN 55901-0233

    3,200 SF 0.34 ac lot Built 1963
    Individually Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US46-1468522
    Property summary
    AI-generated overview

    This exceptional 3,200-square-foot commercial property presents a prime opportunity for businesses seeking a strategic location in Rochester, Minnesota's thriving Northwest business district. Situated on a 0.36-acre lot, this versatile space is ideally suited for a variety of commercial uses, particularly automotive services. The property boasts a fully equipped painting booth featuring professional-grade ventilation, ensuring a safe and efficient workspace. Included within the sale are air compressors, a valuable asset for automotive-related businesses. The expansive interior layout provides ample room for multiple vehicles, accommodating growth and operational needs. Beyond the building itself, the property offers convenient extra parking for staff and customers, enhancing the overall convenience and appeal. This property's combination of size, features, and location makes it an exceptional investment for entrepreneurs and established businesses alike, offering the potential for significant return. The asking price is $700,000. Don't miss this chance to secure a foothold in a dynamic and prosperous area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1963
    Total area 3,200 SF
    Lot 0.34 ac (14,767 SF)
    APN 74.34.21.023804
    UPID US46-1468522
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tri-State Towing & Recovery Auto Repair Shop
    • Habby's Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Roger W Engholm · 5 yrs held
    Roger W Engholm
    since 2021
    Last sale
    $195,000
    2 recorded transactions
    2021
    $195,000
    2017
    $195,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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