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Financial
Distress signals
Property profile

2002 2Nd St SW Rochester, MN 55902

FOR SALE
Specialty properties
Property ID
US46-1143635
24,498 SF 0.85 ac lot Built 1969
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This expansive Rochester, MN commercial property, located at 2002 2nd St SW, offers 24,498 square feet of versatile space ideal for retail, office, or special purpose uses. The main level encompasses 15,380 square feet, including 2,768 square feet of vacant space, featuring large display windows, a small kitchen, a meeting room with a fireplace, and existing smaller offices or retail areas. The lower level provides an additional 9,118 square feet, complete with a large kitchen, a dining hall…

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?
$43k
Tax billed · 2023
Assessed value · 2021$1.36M
Assessed land$444k
Assessed improvement$912k
Effective rate3.14%

Value estimate

· Oct 2026
$570k
$513k – $627k
AI approach$570k
NOI build-up
Gross scheduled income$412k
Vacancy & credit loss−$23k
Operating expenses−$146k
NOI · 12.47% cap applied$243k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
12.47%
$243k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.0
Electrical Service11.3
Nail Salon11.1

Location

2002 2Nd St SW Rochester, MN 55902
County assessor Recorded deeds · not on file 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

10 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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