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Property profile & analytics

4353 Canal SE Pl Rochester, MN 55904-4000

  • Hotels
  • 50,411 SF
  • 1.42 lot acres
OFF-MARKET
Last Sale
Apr 03, 2025
$147,755
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1967897
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.

Current Use by Public Records

  • Tesla Destination Charger / Electric Vehicle Charging Station
  • el quinta / Hotel & Motel
  • LA QUINTA HOTEL PARKING LOT / Parking Lot & Garage
  • LibertyX Bitcoin ATM / Atm
  • La Quinta Inn & Suites by Wyndham Rochester Mayo Clinic S / Hotel & Motel

Property Details for 4353 Canal SE Pl

Year built
2013
Lot size
1.42 lot acres
Property size
50,411 SF
Property type
Hotels
APN
64.26.14.080634
APU
642614080634

Description

This exceptional 83-room La Quinta Inn & Suites hotel presents a lucrative investment opportunity in Rochester, Minnesota. Located at 4353 Canal Pl SE, 55904, this four-story, 61,922-square-foot property boasts a prime location in Olmsted County. Built in 2014, the hotel features a full-size swimming pool and sits on a substantial 61,922-square-foot lot. The asking price is $5,995,000, representing a compelling return on investment. The property is currently configured as an owner/user investment, offering significant potential for both immediate income generation and long-term appreciation. With an occupancy date of November 15, 2024, this hotel is poised to capitalize on the thriving hospitality market in Rochester. The property's size and amenities make it an attractive option for both seasoned investors and those seeking a high-yield, hands-on investment. Its strategic location in the southeastern part of Rochester ensures easy access to major transportation routes and local attractions. This is a rare opportunity to acquire a well-established, high-performing hotel in a dynamic and growing market. The substantial lot size also offers potential for future expansion or development. This turnkey operation is ready for a new owner to step in and continue its success.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Rochester
County
Olmsted
State
Minnesota
Longitude
-92.4629
Latitude
43.9602
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
$101,892
$619,200
$3,490,800
$4,110,000
-
$619,200
$3,490,800
$4,110,000
More about this property
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