Property profile

1628 2nd SE Ave Rochester, MN 55904

OFF-MARKET
Manufacturing properties
Property ID
US46-1198403
4,330 SF 0.25 ac lot Built 1963
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1963
Total area 4,330 SF
Lot 0.25 ac (10,890 SF)
APN 64.11.41.008224
UPID US46-1198403

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Freight Service Logistics Company

Location

1628 2nd SE Ave Rochester, MN 55904-7905
Rochester metro Census 1000 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2022
Last sale
$420,000
5 recorded transactions
2022
$420,000
2018
$305,000
2017
$280,000
2016
$235,000
2012
$180,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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