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    Property profile & analytics

    831 16th SW St Rochester, MN 55902-2145

    • Hotels
    • 64,038 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2913070
    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

    • Home2 Suites by Hilton Rochester Mayo Clinic Area / Hotel / Extended Stay Hotel

    Property Details for 831 16th SW St

    Year built
    2017
    Lot size
    1.35 lot acres
    Property size
    64,038 SF
    Property type
    Hotels
    APN
    64.11.23.083353
    APU
    641123083353

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.476
    Latitude
    44.0009
    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
    $166,704
    $706,400
    $4,876,500
    $5,582,900
    -
    $706,400
    $4,876,500
    $5,582,900

    Comparable in this City

    • Value Estimation
      $2,135,000
      0.41 Acres

      601 2nd SW St

      HOTEL • 0.41 Acres
      601 2nd SW St, Rochester, MN 55902-2932
      View Details
    • Value Estimation by Request
      16,302 SF

      422 5th SW St

      HOTEL • 16,302 SF
      422 5th SW St, Rochester, MN 55902
      View Details
    • Value Estimation by Request
      14,428 SF

      415 6th SW St

      HOTEL • 14,428 SF
      415 6th SW St, Rochester, MN 55902
      View Details
    • Value Estimation by Request
      62,799 SF

      155 16th SW Ave

      HOTEL • 62,799 SF
      155 16th SW Ave, Rochester, MN 55902-1914
      View Details
    • Value Estimation
      $720,000
      134,732 SF

      1517 16th SW St

      HOTEL • 134,732 SF
      1517 16th SW St, Rochester, MN 55902-1075
      View Details
    • Value Estimation by Request
      66,922 SF

      1211 2nd SW St

      HOTEL • 66,922 SF
      1211 2nd SW St, Rochester, MN 55902-1941
      View Details

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    Similar Nearby for Lease

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      Warehouse and Land For Rent

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    • Contact for pricing
      2,190 SF

      Prime Corner Retail with Drive-Thru

      High-visibility retail space with drive-thru on a corner lot.
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    Property Visit Statistics

    • Visits by month
      22.3k
    • Visitors by month
      14.5k
    • Avg Time on site
      23 min
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    Rochester, MN 55902-2145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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