The property is a retail building containing approximately 31,920 square feet of commercial space. It is located at 3993 Heritage Place NW in Rochester, Minnesota 55901.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$220k

Tax billed · 2023

Assessed value · 2021$7.37M

Assessed land$700k

Assessed improvement$6.67M

Effective rate2.99%

Value estimate

· Nov 2026

$5.01M

$4.51M – $5.51M

Submarket $/SF estimate$6.88M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$157/SF

Submarket average, outlier-cleaned · 45 recorded sales of this use type

Observed band · Q1–Q3$95 – $218

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

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: Hair Salon

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Hair Salon11.6

Auto Parts Store9.5

HVAC Service9.5

3993 Heritage NW Pl Rochester, MN 55901-3067

County assessor Recorded deeds · 1 transfer 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 · 12 properties nearby

Address Sale price Sold Size

1016 Civic Ctr NW, Rochester, MN 55901-1881 $196,000 Nov 2024 41,736 SF

1027 7th NW, Rochester, MN 55901-2666 $1,400,000 Apr 2024 14,712 SF

2746 Superior NW, Rochester, MN 55901-8343 $2,900,000 Dec 2023 19,983 SF

300 11th NW, Rochester, MN 55901-2739 $5,350,000 Oct 2023 38,616 SF

2900 43rd NW, Rochester, MN 55901-4293 $4,130,000 Dec 2020 25,864 SF

3535 40th NW, Rochester, MN 55901-1768 $2,450,000 Oct 2019 61,296 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

Value Estimation
$3,700,000

23,940 SF

2519 Commerce NW Dr

OFFICE BUILDING

2519 Commerce NW Dr, Rochester, MN 55901-4432

View Details
Value Estimation
$195,000

41,736 SF

1016 Civic Ctr NW Dr

OFFICE BUILDING

1016 Civic Ctr NW Dr, Rochester, MN 55901-1881

View Details
Value Estimation
$5,970,000

45,016 SF

3425 40th NW Ave

OFFICE BUILDING

3425 40th NW Ave, Rochester, MN 55901-2700

View Details
Value Estimation
$2,365,000

17,582 SF

3460 Technology NW Dr

OFFICE BUILDING

3460 Technology NW Dr, Rochester, MN 55901-8351

View Details
Value Estimation
$8,185,000

61,296 SF

3535 40th NW Ave

OFFICE BUILDING

3535 40th NW Ave, Rochester, MN 55901-1768

View Details
Value Estimation
$1,400,000

14,712 SF

1027 7th NW St

OFFICE BUILDING

1027 7th NW St, Rochester, MN 55901-2666

View Details

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3993 Heritage NW Pl Rochester, MN 55901

Property summary