Property profile

916 2nd NE St Rochester, MN 55906

OFF-MARKET
Warehouses
Property ID
US46-1266439
12,948 SF 0.36 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Total area 12,948 SF
Lot 0.36 ac (15,594 SF)
APN 74.36.34.050862
UPID US46-1266439

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

916 2nd NE St Rochester, MN 55906
Rochester metro Census 2300 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.58M
Comparable Approach Comparable
$939k
Blend (final) Blend
$390k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $2.1M +65.4%
Commercial (general) $2.0M +62.8%
Auto repair, garage $2.0M +62.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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