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Financial
Distress signals
Property profile

318 Broadway S Ave Rochester, MN 55904

OFF-MARKET
Other investment properties
Property ID
US46-1286522
6,363 SF 0.05 ac lot Built 1900
Last sale Apr 2013 · $625,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a second-level office suite located in a historic downtown building at 318 Broadway Avenue S, Rochester, MN 55904. The interior features an open-plan layout with exposed brick walls, large floor-to-ceiling windows, and updated LED lighting, along with a kitchenette-style breakroom area. Access is provided through a secured entrance, and the building offers opportunities for tenant signage. The suite is configured to support office use with flexible layout options suitable for changing workspace needs.

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?
$18k
Tax billed · 2023
Assessed value · 2021$532k
Assessed land$167k
Assessed improvement$364k
Effective rate3.42%

Value estimate

· Oct 2026
$280k
$252k – $308k
Submarket $/SF estimate$902k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$161/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$80 – $262

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop23.1
Auto Parts Store21.8
HVAC Service19.4

Location

318 Broadway S Ave Rochester, MN 55904-6564
County assessor Recorded deeds · 2 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5525 Hwy 63rd S, Rochester, MN 55904-8453 $1,200,000 May 2025 5,288 SF
5330 Hwy 14th E, Rochester, MN 55904-6626 $385,000 Oct 2024 2,911 SF
5232 65th SE, Rochester, MN 55904-6313 $625,000 May 2024 1,680 SF
3820 Hwy 14th E, Rochester, MN 55904-7824 $600,000 Aug 2023 2,160 SF
824 4th SE, Rochester, MN 55904-7207 $499,000 Jan 2022 3,015 SF
6611 Hwy 52nd S, Rochester, MN 55904-6332 $570,000 Jan 2022 9,344 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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