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    Property profile & analytics

    Rochester, MN 55902

    • Commercial land
    • 1,525 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1447513
    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

    • Commercial land

    Property Details

    Year built
    1951
    Lot size
    0.31 lot acres
    Property size
    1,525 SF
    Property type
    Commercial land
    APN
    64.03.22.009953
    APU
    640322009953

    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
    -92.4962
    Latitude
    44.0213
    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
    $3,917
    $132,900
    $0.00
    $132,900
    -
    $132,900
    $0.00
    $132,900

    Comparable in this City

    • Value Estimation by Request
      0.79 Acres

      304 4th SW St

      VACANT COMMERCIAL LAND • 0.79 Acres
      304 4th SW St, Rochester, MN 55902-3202
      View Details
    • Value Estimation by Request
      0.09 Acres

      518 5th SW Ave

      VACANT COMMERCIAL LAND • 0.09 Acres
      518 5th SW Ave, Rochester, MN 55902-3252
      View Details
    • Value Estimation by Request
      0.26 Acres

      Rochester, MN 55902

      VACANT COMMERCIAL LAND • 0.26 Acres
      Rochester, MN 55902
      View Details
    • Value Estimation by Request
      0.22 Acres

      Rochester, MN 55902

      VACANT COMMERCIAL LAND • 0.22 Acres
      Rochester, MN 55902
      View Details
    • Value Estimation by Request
      0.50 Acres

      Rochester, MN 55902

      VACANT COMMERCIAL LAND • 0.50 Acres
      Rochester, MN 55902
      View Details
    • Value Estimation by Request
      0.13 Acres

      Rochester, MN 55902

      VACANT COMMERCIAL LAND • 0.13 Acres
      Rochester, MN 55902
      View Details

    Similar Nearby for Sale

    • $2,073,456

      Land Development Opportunity in Rochester

      Land for development with highway visibility in Rochester, MN.
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    • $349,900

      Prime Land Near Mayo Clinic

      Two lots totaling 0.5 acres near US 52 and 14.
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      Commercial Lot in Southwest Rochester

      1.02-acre commercial lot in an expanding Rochester location.
      2 Commercial Dr SW, Rochester, MN 55902
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      Industrial Land in Northwest Rochester

      Industrial development opportunity with infrastructure and future highway access.
      19th 60Th Ave NW, Rochester, MN 55902
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    • $683,400
      0.92 Acres

      Commercial Lot in Expanding Location

      0.92-acre commercial lot in an expanding SW Rochester location.
      4 Commercial Dr SW, Rochester, MN 55902
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      3,000 SF

      Warehouse and Land For Rent

      3,000 SF warehouse with 2.73 acres of land.
      7004 11Th Ave SW, Rochester, MN 55902
      View Details
    • Contact for pricing
      1,744 SF

      Downtown Rochester Office/Retail Space

      Turn-key office/retail space near Mayo Clinic in downtown Rochester.
      101 1St Ave SW, Rochester, MN 55902
      View Details
    • Contact for pricing
      13,032 SF

      Rochester Office Space Available

      Office space available for rent in Rochester, Minnesota.
      300 2Nd Ave SW, Rochester, MN 55902
      View Details
    • $18 SF/Yr
      3,677 SF

      Downtown Corner Retail/Office Space

      Newly renovated retail/office spaces in downtown location near Mayo Clinic.
      21 1St St SW, Rochester, MN 55902
      View Details
    • $25 SF/Yr
      665,268 SF

      Berkman Office/Retail Space Available

      Prime Rochester, MN location. Flexible spaces, high visibility.
      217 14Th Ave, Rochester, MN 55902
      View Details
    • $8 SF/Yr
      6,039 SF

      Rochester Office Space for Lease

      Flexible Workspaces in Prime Location
      318 1St Ave, Rochester, MN 55902
      View Details
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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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