Property profile

2423 Sleeper NE Ln Rochester, MN 55906

OFF-MARKET
Warehouses
Property ID
US46-1144881
15,984 SF 2.24 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Total area 15,984 SF
Lot 2.24 ac (97,705 SF)
APN 73.06.21.072569
UPID US46-1144881

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2423 Sleeper NE Ln Rochester, MN 55906
Rochester metro Census 1603 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.69M
CAP Approach CAP
$1.95M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.69M

Owner & transaction history

since 2024
Last sale
$1.7M
3 recorded transactions
2024
$1.7M
2021
Price N/A
2020
$555,000

Zoning & alternative use

Top alternative use upside
Restaurant $2.8M +80.2%
Retail stores $2.6M +65.4%
Commercial (general) $2.5M +62.8%

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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