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    Property profile & analytics

    2109 Commerce NW Dr Rochester, MN 55901-3249

    • Hotels
    • 44,190 SF
    • 2.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1963980
    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

    • Sleep Inn & Suites West-Near Medical Center / Hotel
    • SLEEP INN AND SUITES PARKING LOT / Parking Lot
    • Mayo clinic / Non-Profit Organization

    Property Details for 2109 Commerce NW Dr

    Year built
    2016
    Lot size
    2.26 lot acres
    Property size
    44,190 SF
    Property type
    Hotels
    APN
    74.29.14.082337
    APU
    742914082337

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5195
    Latitude
    44.0459
    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
    $102,534
    $1,035,200
    $2,421,700
    $3,456,900
    -
    $1,035,200
    $2,421,700
    $3,456,900

    Comparable in this City

    • Value Estimation
      $2,365,000
      10,543 SF

      4323 Hwy 52nd N

      HOTEL • 10,543 SF
      4323 Hwy 52nd N, Rochester, MN 55901-4154
      View Details
    • Value Estimation by Request
      155,813 SF

      9 3rd NW Ave

      HOTEL • 155,813 SF
      9 3rd NW Ave, Rochester, MN 55901-2891
      View Details
    • Value Estimation by Request
      39,207 SF

      5708 Bandel NW Rd

      HOTEL • 39,207 SF
      5708 Bandel NW Rd, Rochester, MN 55901
      View Details
    • Value Estimation by Request
      46,572 SF

      2005 Commerce NW Dr

      HOTEL • 46,572 SF
      2005 Commerce NW Dr, Rochester, MN 55901-3352
      View Details
    • Value Estimation
      $3,680,000
      43,101 SF

      2814 43rd NW St

      HOTEL • 43,101 SF
      2814 43rd NW St, Rochester, MN 55901-6895
      View Details
    • Value Estimation by Request
      46,754 SF

      20 5th NW Ave

      HOTEL • 46,754 SF
      20 5th NW Ave, Rochester, MN 55901-3042
      View Details

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      25,727 SF

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      Versatile office space in a rapidly growing Rochester sector.
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      131,752 SF

      Rochester Retail Institution For Sale

      Grocery-anchored shopping center near Mayo Clinic with strong tenant mix.
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    Similar Nearby for Lease

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      Modern Office Space in Rochester

      Premier office spaces with modern facilities in a thriving location.
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      Target-Anchored Outlot Opportunity

      Prime commercial land for lease with high-traffic location.
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      Highway Frontage Flex Space

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    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      2.2k
    • Avg Time on site
      387 min
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    2109 Commerce NW Dr
    Rochester, MN 55901-3249
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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