Property profile

21 2nd SW St Rochester, MN 55902

OFF-MARKET
Office buildings
Property ID
US46-1417945
39,120 SF 0.29 ac lot Built 1957
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1957
Total area 39,120 SF
Lot 0.29 ac (12,415 SF)
APN 74.35.43.017893
UPID US46-1417945

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
  • Medical Clinic
  • Post Office
  • Shopping Center & Mall
  • Alternative Medicine Practice Spa & Massage Center

Location

21 2nd SW St Rochester, MN 55902-3026
Rochester metro Census 100 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.68M

Owner & transaction history

since 2014
5 recorded transactions
2014
$50,000
2014
$25,000
2014
$9.7M
2013
$25,000
2005
$8,000

Zoning & alternative use

Top alternative use upside
Restaurant $6.9M +11.7%
Retail stores $6.3M +2.5%
Commercial (general) $6.2M +0.9%

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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