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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Investment properties
6093 Rome Cir Nw Ste B, Rochester, MN 55901-4861
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US46-1802408
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2016
Total area
6,000 SF
Lot
1.26 ac (54,886 SF)
APN
74.09.24.076219
UPID
US46-1802408
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cheryl Scranton Color Studio LLC Hair Salon
-
All-Star Radon Systems General Contractor
-
Molly Maid of Rochester Hardware & Home Improvement
-
Misty Struck, LLC Hair Salon Nail Salon
-
SiBeauty Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$920k
Owner & transaction history
Ttk Properties LLC · 9 yrs held
Ttk Properties LLC
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+10.7%
Retail stores
$965,000
+1.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$950,000
Current use
RESTAURANT
$1,050,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$965,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$950,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$940,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$153 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$44,048
Tax year 2023
Assessed value
$1,490,600
Assessed 2022
Previous assessed
$1,201,800
+24.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$274,400
Assessed improvement
$1,216,200
Land market value
$274,400
Improvement market value
$1,216,200
Total market value
$1,490,600
Applied tax rate
2,303.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
6,000 SF
Lot
1.26 ac (54,886 SF)
APN
74.09.24.076219
UPID
US46-1802408
Jurisdiction
OLMSTED
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$950,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$950,000
OFFICE BUILDING
Est. value
$940,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Ttk Properties LLC
Entity
Mailing address
4758 WHITE PNE DR NW, ROCHESTER, MN 55901-1784
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2016
—
Ttk Properties LLC
Todd Torgrimson
Quit Claim Deed
related
$949,000 · West Bank
Nov 9, 2015
$150,681
Matthew Dohrmann
Billman Orr Enterprises LLC
Warranty Deed
—
Nov 9, 2015
$190,000
Todd Torgrimson
Matthew Torgrimson
Warranty Deed
related
—
Jan 6, 2015
$150,680
Matthew Dohrmann
Billman Orr Enterprises LLC
Contract Sale
$120,545 · Billman Orr Enterprises LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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