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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Hotels
1517 16th SW St, Rochester, MN 55902-1075
Entity Owned
5-yr Hold
Free & Clear
Property ID
US46-0807127
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1977
Total area
134,732 SF
Lot
5.36 ac (233,394 SF)
APN
64.10.13.084421
UPID
US46-0807127
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
-
Best Western Hotel & Motel
-
Living Hope Church Church
-
Best Western Rochester Hotel Mayo Clinic Area/St. Mary'S Hotel & Motel
-
Empire Event Center Hotel & Motel Resort
-
Wildwood Sports Bar and Grill Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Stack Downtwon Invmsntes LLC · 5 yrs held
Stack Downtwon Invmsntes LLC
since 2020
Last sale
$696,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$750,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $696k (Jul 24 2020)
Last sale anchor
$696k
Jul 24 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$7 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$117,958
Tax year 2023
Assessed value
$4,166,300
Assessed 2023
Previous assessed
$4,100,400
+1.6% YoY
Effective rate
2.83%
On assessed value
Assessed land
$1,467,600
Assessed improvement
$2,698,700
Land market value
$1,467,600
Improvement market value
$2,698,700
Total market value
$4,166,300
Applied tax rate
2,303.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1977
Heating
BASEBOARD
Total area
134,732 SF
Lot
5.36 ac (233,394 SF)
APN
64.10.13.084421
UPID
US46-0807127
Jurisdiction
OLMSTED
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Heating
BASEBOARD
Lot
5.36 ac
Current owner
From public records · entity-resolved
Stack Downtwon Invmsntes LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3123 SHERBURN PL SW, ROCHESTER, MN 55902-1651
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
—
Apache Hotel Group LLC
—
Deed
related
$1,467,000 · Citizens State Bank La Crosse
Jul 24, 2020
$696,000
Stack Downtwon Invmsntes LLC
Apache Hotel Group LLC
Warranty Deed
—
Sep 17, 2018
—
Barclay Midway LLC
Dp Apache Properties LLC
Warranty Deed
$500,000 · Premier Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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