Property profile

3601 Instrument NW Dr Rochester, MN 55901

OFF-MARKET
Manufacturing properties
Property ID
US46-1464738
12,000 SF 7.02 ac lot Built 1967
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1967
Total area 12,000 SF
Lot 7.02 ac (305,704 SF)
APN 74.21.32.031086
UPID US46-1464738

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer

Location

3601 Instrument NW Dr Rochester, MN 55901-7688
Rochester metro Census 1401 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.60M
CAP Approach CAP
$1.12M
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.60M

Owner & transaction history

since 2022
Last sale
$1.7M
2 recorded transactions
2022
$1.7M
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.1M +80.8%
Retail stores $1.9M +65.9%
Commercial (general) $1.9M +63.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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