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Property profile & analytics

1217 Marion Rd SE Rochester, MN 55904

  • Strip malls
  • 9,290 SF
  • 0.93 lot acres
For Lease
Last Sale
Jan 08, 2020
$2,800,000
Value Estimations
$2,735,000
Cap Rate Potential
4%
Strip malls
Location Intelligence
Property ID
US46-1967968
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Metro by T-Mobile / Telecommunications Service Provider / Cell Phone Accessory Store
  • TOPPER'S PIZZA PARKING / Parking Lot
  • Brava Restaurant & Cafe / East African Restaurant / Restaurant
  • Roberts Drywall Solutions / Dry Wall Contractor
  • Lashes by Sophia / Nail Salon

Property Details for 1217 Marion Rd SE

Year built
2013
Lot size
0.93 lot acres
Property size
9,290 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
64.01.44.080507
APU
640144080507

Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,020,000
    ML approach
    $3,155,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,040,000
    6.5%
    $1,880,000
    7%
    $1,745,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rochester
County
Olmsted
State
Minnesota
Longitude
-92.4417
Latitude
44.008
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$69,614
$405,900
$1,619,100
$2,025,000
-
$405,900
$1,619,100
$2,025,000
More about this property
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