Realmo Analytics

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Property profile

6233 Bandel NW Rd Rochester, MN 55901

OFF-MARKET
Manufacturing properties
Property ID
US46-1362124
48,693 SF 3.29 ac lot Built 1983
Last sale Oct 2025 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A commercial/industrial building providing nearly 50,000 square feet of usable space, located off Highway 52 in northwest Rochester, Minnesota (Olmsted County). The property is configured for flexibility, featuring multiple bays that can accommodate up to three separate tenants or one tenant with multiple operational areas. It includes several loading docks and expansive open floor areas, supporting uses such as manufacturing, warehousing, distribution, and other commercial operations. The…

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 · 2022

What does the county charge?
$67k
Tax billed · 2022
Assessed value$2.28M
Assessed land$573k
Assessed improvement$1.71M
Effective rate2.94%

Value estimate

· Oct 2026
$3.09M
$2.78M – $3.39M
Submarket $/SF estimate$2.32M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$46 – $133

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

No data for this section
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.9
Realty agency14.1
Wholesale Shop11.7

Location

6233 Bandel NW Rd Rochester, MN 55901-8757
County assessor Recorded deeds · 3 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1416 Valleyhigh NW, Rochester, MN 55901-0736 $3,100,000 Sep 2024 41,103 SF
2112 15th NW, Rochester, MN 55901-0716 $2,050,000 Aug 2024 18,468 SF
1400 7th NW, Rochester, MN 55901-1735 $1,250,000 Nov 2023 31,379 SF
2402 7th NW, Rochester, MN 55901-7536 $580,000 Oct 2023 85,343 SF
3601 Instrument NW, Rochester, MN 55901-7688 $1,700,000 May 2022 12,000 SF
910 7th NW, Rochester, MN 55901-2667 $1,282,252 Aug 2020 24,284 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
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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