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Financial
Distress signals
Property profile

2477 Clare NE Ln Rochester, MN 55906

OFF-MARKET
Strip malls
Property ID
US46-1193304
11,088 SF 1.25 ac lot Built 2005
Last sale Jan 2007 · $232,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 5,430-square-foot retail/commercial space at 2477 Clare Ln NE in Rochester, Minnesota, historically used as a gym and configured for fitness-oriented occupancy. The interior layout includes several private offices, men’s and women’s restrooms with locker rooms, and washer and dryer hookups. A drive-through window is present as an additional functional feature. The space is suitable for continued fitness use, including uses such as physical therapy, yoga, and personal training, and may be adaptable for more conventional retail use subject to applicable requirements.

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?
$57k
Tax billed · 2023
Assessed value · 2021$1.87M
Assessed land$436k
Assessed improvement$1.44M
Effective rate3.06%

Value estimate

· Oct 2026
$535k
$482k – $589k
AI approach$590k
Submarket $/SF estimate$482k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Law Firm15.3
Restaurant13.4

Location

2477 Clare NE Ln Rochester, MN 55906-8417
County assessor Recorded deeds · 3 transfers 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3169 Wellner NE Dr, Rochester, MN 55906-7329 $2,200,000 Dec 2024 No data
3155 Wellner NE Dr, Rochester, MN 55906-7332 $2,200,000 Dec 2024 No data
275 37th NE, Rochester, MN 55906-3406 $2,000,000 Dec 2021 11,448 SF
2571 Clare NE, Rochester, MN 55906-8415 $950,000 May 2021 10,080 SF
3456 Cir Dr Ne, Rochester, MN 55906-4598 $2,220,000 Aug 2020 13,970 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
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