Entity Owned Property summary
AI-generated overview
This exceptional investment opportunity presents a 7-bay, full self-service car wash located at 836 7th St NW, Rochester, MN 55901. Built in 1979 and renovated in 2003, this 4,320 square foot facility sits on a 0.82-acre lot. The car wash boasts a strong 10% capitalization rate and generates a substantial $275,000 in gross annual income. With seven full self-service bays, it caters to the high daily demand in this thriving Rochester location. The property benefits from extremely strong population metrics within a 3, 5, and 10-mile radius, ensuring continued high occupancy and strong returns. This well-established car wash presents a rare chance to acquire a high-performing asset in a rapidly growing market, offering a secure and profitable investment. The property's consistent performance history and prime location make it an attractive option for discerning investors seeking a stable, high-yield investment in the robust Rochester, Minnesota market. Olmsted County's favorable demographics further enhance the long-term potential of this exceptional car wash business.
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1979
Total area
4,320 SF
Lot
0.81 ac (35,284 SF)
APN
74.35.23.001338
UPID
US46-1354032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$548k
Blend (final)
Blend
$645k
Owner & transaction history
since 2020
Last sale
$600,000
1 recorded transaction
Zoning & alternative use
Top alternative use upside
Retail stores
$695,000
+1.7%
Commercial (general)
$685,000
+0.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$645k
Value range
$581k – $710k
±10% around blend
Estimated value / SF
$149 / SF
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
$581k
blend $645k
$710k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,320 SF
Lot area
0.81 ac
Year built
1979
APN
74.35.23.001338
Assessed value
$321,400
Annual tax
$7,894
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$548k
Range $360k – $1.08M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$645k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 26 sales
$158
-6%
County 32 sales
$123
+21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $149/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+2%
vs current-use indication
Commercial (general)
Auto Repair, Garage · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$600k
Move the market yield to see immediate price impact.
Value / SF
$139
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$38k
$756k
$540k
$420k
$42k
$840k
$600k
$467k
$46k
$924k
$660k
$513k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,894
Tax year 2023
Assessed value
$321,400
Assessed 2021
Previous assessed
$321,400
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$211,700
Assessed improvement
$109,700
Land market value
$211,700
Improvement market value
$109,700
Total market value
$321,400
Applied tax rate
2,303.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1979
Heating
OTHER
Bathrooms
1
Total area
4,320 SF
Lot
0.81 ac (35,284 SF)
APN
74.35.23.001338
UPID
US46-1354032
Jurisdiction
OLMSTED
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
OTHER
Bathrooms
1
Lot
0.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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