3400 55Th St NW Rochester, MN 55901
Property profile & analytics
3400 55Th St NW Rochester, MN 55901
- Retail space
- 221,003 SF
- 17.59 lot acres
Property ID
US46-1293372
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.
Location Intelligence
Current Use by Public Records
- Walmart Photo Center / (Bike/Boat/Book/etc) Store
- EcoATM / Recycling Center / Waste Management Facility
- Walmart Vision & Glasses / Physician
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Walmart Business Center / (Bike/Boat/Book/etc) Store
Property Details for 3400 55Th St NW
- Year built
- 1992
- Lot size
- 17.59 lot acres
- Property size
- 221,003 SF
- Property type
- Retail space
- APN
- 74.16.21.050280
- APU
- 741621050280
Description
Northwest Plaza offers a prime retail space in Rochester, Minnesota. This 2,500 square foot unit is located within a thriving regional power center boasting 500,000 square feet of gross leasable area (GLA). The property, situated at 3400 55th St NW, Rochester, MN 55901, benefits from exceptional visibility and high traffic counts, averaging 40,200 cars per day due to its prominent location near the intersection of 55th Street NW and US Highway 52. The space is a former Mayo Express Clinic, offering a ready-to-occupy layout. Northwest Plaza is anchored by major retailers including Walmart Supercenter and Sam's Club, ensuring a strong customer base. Additional tenants include a diverse mix of popular businesses such as Petco, Dollar Tree, HomeChoice, Buffalo Wild Wings, and Texas Roadhouse, creating a synergistic retail environment. The entire center comprises 20 suites, with 5,500 square feet currently vacant, presenting a unique opportunity for businesses seeking high-traffic exposure in a well-established retail destination. This location provides excellent access and visibility for businesses seeking to establish or expand their presence in the Rochester market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $22,666,000
Market price range: $16.1M - $57.6M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.5115
- Latitude
- 44.0774
- 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
2023
$344,302
$4,598,700
$7,461,900
$12,060,600
-
$4,598,700
$7,461,900
$12,060,600
