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    333 5th NW St Rochester, MN 55901-2804

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    333 5th NW St Rochester, MN 55901-2804


    • Automotive properties
    • 6,972 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Oct 25, 2021
    $750,000
    Property ID
    US46-0062406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $775,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Safelite AutoGlass / General Contractor / Renovation Specialist

    Property Details for 333 5th NW St

    Year built
    1950
    Lot size
    0.17 lot acres
    Property size
    6,972 SF
    Property type
    Automotive properties
    APN
    74.35.42.018506
    APU
    743542018506

    Description

    This exceptional 6,972 square foot commercial property, situated on a 0.17-acre lot at 333 5th Street NW in Rochester, Minnesota, presents a unique opportunity for businesses seeking a strategic location and functional space. The property features a spacious warehouse area, perfect for storage, distribution, or light industrial operations, highlighted by a large 12x12 garage door leading to a sizable bay. Two fully built-out offices provide comfortable and efficient workspaces, ideal for administrative tasks or client meetings. Conveniently located private restrooms are included for the comfort of employees and visitors. The property's prime location, just blocks from the heart of downtown Rochester and the renowned Mayo Clinic, ensures exceptional accessibility and visibility. This makes it an ideal choice for businesses looking to establish a strong presence in a thriving and dynamic area. The asking price for this well-maintained and versatile commercial space is $2500. The property offers a blend of warehouse functionality and office convenience, making it suitable for a wide range of commercial uses. This is a rare opportunity to secure a well-equipped property in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $805,000
      ML approach
      $790,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $592,000
      Market price range: $275k - $968k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,100,000
      Current use
      RESTAURANT
      $1,220,000
      Change: +11% Conversion: Difficult
      RETAIL STORES
      $1,120,000
      Change: +2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,100,000
      Change: +0% Conversion: Moderate
      OFFICE BUILDING
      $1,095,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4679
    Latitude
    44.0284
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $17,754
    $43,600
    $604,500
    $648,100
    -
    $43,600
    $604,500
    $648,100
    More about this property
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