1032 15thRochester, MN 55904

  • Office properties
  • 7,072 SF
Off market
$848,452 Estimated

Property Details for 1032 15th

Year built
1959
Lot size
0.52 AC
Property size (Sq ft)
7,072 SF
Property type
Office properties
Property subtype
Office buildings
APN
64.01.44.002467
APU
640144002467

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,164,129
    6.5%
    $1,074,581
    7%
    $997,825
  • Comparable approach

    Method
    Valuation
    Method 1
    $360,955
    Method 2
    $360,955
  • Alternative Use

    Use
    Valuation
    Residential
    $1,332,480
    Hospitality
    $1,220,545
    Educational
    $1,015,479
    Medical
    $1,050,403
    Retail
    $1,579,634
1032 15th, Rochester, Minnesota

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0102
Longitude
-92.4423
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $566,000
  • Assessed land value
    $135,200
  • Assessed value
    $701,200
  • Tax year
    2022
  • Tax bill
    $19,358

FAQs

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