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Financial
Distress signals
Property profile

2230 3rd SE Ave Rochester, MN 55904

OFF-MARKET
Turn key restaurants
Property ID
US46-1019199
2,675 SF 0.85 ac lot Built 2019
Last sale Dec 2018 · $1,236,364
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$21k
Tax billed · 2023
Assessed value$777k
Assessed land$442k
Assessed improvement$335k
Effective rate2.71%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$175/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$126 – $228

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.4
Realty agency11.4
Plumbing Service9.2

Location

2230 3rd SE Ave Rochester, MN 55904-5579
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1226 Broadway S, Rochester, MN 55904-3821 $1,625,000 Jul 2024 6,666 SF
1207 Marion SE, Rochester, MN 55904-5711 $891,885 Mar 2024 3,189 SF
4576 Maine SE, Rochester, MN 55904-6930 $2,200,000 Oct 2023 7,980 SF
2009 Eastwood SE, Rochester, MN 55904-5172 $325,000 Dec 2019 3,072 SF
4270 Maine SE, Rochester, MN 55904-6935 $1,295,000 Sep 2019 6,189 SF
1818 Broadway S, Rochester, MN 55904-7929 $1,327,203 Aug 2019 5,232 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $355,000
    3,051 SF
    2986 Broadway S Ave
    RESTAURANT
    2986 Broadway S Ave, Rochester, MN 55904-5572
    View Details
  • Value Estimation
    $385,000
    3,092 SF
    1201 Broadway Ave S Ste, Unit 60
    RESTAURANT
    1201 Broadway Ave S Ste, Rochester, MN 55904-3862
    View Details
  • Value Estimation
    $345,000
    2,208 SF
    1608 Broadway S Ave
    RETAIL STORES (PERSONAL SERVICES)
    1608 Broadway S Ave, Rochester, MN 55904-7927
    View Details
  • Value Estimation
    $275,000
    2,063 SF
    717 12th SE St
    RESTAURANT
    717 12th SE St, Rochester, MN 55904-7422
    View Details
  • Value Estimation
    $225,000
    4,038 SF
    1729 Broadway S Ave
    BAR, TAVERN
    1729 Broadway S Ave, Rochester, MN 55904-7960
    View Details
  • Value Estimation
    $435,000
    4,290 SF
    4638 Maine SE Ave
    FINANCIAL BUILDING
    4638 Maine SE Ave, Rochester, MN 55904-6929
    View Details

Similar Nearby for Sale

  • Contact for pricing
    1,365 SF
    Retail Space with Franchise Business
    Service-oriented operation with an established local presence, long-term lease, and included furniture, fixtures, and equipment.
    1529 Hwy 14, Rochester, MN 55904
    View Details
  • New
    Contact for pricing
    1,365 SF
    Franchise Retail Space
    Established service business with an international franchise affiliation and included furniture, fixtures, and equipment.
    1529 12th Street Southeast, Rochester, MN 55904
    View Details
  • New
    Contact for pricing
    9,347 SF
    Corner Retail Space with TI
    Corner-profile retail space for sale at the base of a luxury residence, with a tenant improvement package available.
    425 Broadway Ave S, Rochester, MN 55904
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    918 sqft
    Freestanding Storefront Retail Building
    Freestanding storefront retail building with a large on-site parking lot and an adaptable layout for different business needs.
    12 9th St SE, Rochester, MN 55904
    View Details
  • New
    Contact for pricing
    10,000 sqft
    Shopping Center at Highway Intersection
    Shopping center in Rochester’s South trade area at Highway 52 and Highway 63 intersection with diverse co-tenants.
    2820 Hwy 63 S, Rochester, MN 55904
    View Details
  • New
    Contact for pricing
    Retail Space Near Regional Complex
    Retail property with national anchors, near sports complex.
    Maine Avenue Southeast, Rochester, MN 55904
    View Details
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