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Property profile & analytics
FOR LEASE
Automotive properties

333 5Th St Northwest Rochester, MN 55901

6,972 SF 0.17 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US46-0062406
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1950
Total area 6,972 SF
Lot 0.17 ac (7,275 SF)
APN 74.35.42.018506
UPID US46-0062406
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Safelite AutoGlass General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$592k
Blend (final) Blend
$775k
Owner & transaction history
Scott Oberg Real Estate LLC · 4 yrs held
Scott Oberg Real Estate LLC
since 2021
Last sale
$750,000
5 recorded transactions
2021
$750,000
2021
$750,000
2018
Price N/A
2011
$400,000
2011
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +10.8%
Retail stores $1.1M +1.7%
Commercial (general) $1.1M +0.0%
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