Property profile

216 1st SW Ave Rochester, MN 55902

OFF-MARKET
Bars & Pubs
Property ID
US46-1390076
8,580 SF 0.07 ac lot Built 1895
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1895
Total area 8,580 SF
Lot 0.07 ac (2,875 SF)
APN 64.02.12.017867
UPID US46-1390076

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
  • Bar & Pub Nightclub
  • Restaurant
  • Restaurant

Location

216 1st SW Ave Rochester, MN 55902-3129
Rochester metro Census 100 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.24M

Owner & transaction history

since 2023
Last sale
$2.7M
4 recorded transactions
2023
$2.7M
2008
Price N/A
2007
Price N/A
2007
Price N/A

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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