Property profile

406 Broadway N Ave Rochester, MN 55906

OFF-MARKET
Manufacturing properties
Property ID
US46-1400682
23,672 SF 2.98 ac lot Built 1929
Entity Owned Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1929
Total area 23,672 SF
Lot 2.98 ac (129,809 SF)
APN 74.35.41.018460
UPID US46-1400682

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
  • Big Box & Wholesale Store Food Market

Location

406 Broadway N Ave Rochester, MN 55906-3650
Rochester metro Census 600 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.22M
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.92M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.3M +0.3%

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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