413 3rdRochester, MN 55904

Property Details for 413 3rd

Year built

1962

Lot size

0.14 AC

Property size (Sq ft)

3,240 SF

Property type

Office properties

Property subtype

Office buildings

APN

64.02.11.014488

APU

640211014488

• CAP approach

  CAP return

  Valuation

  6%

  $533,340

  6.5%

  $492,314

  7%

  $457,148

• Comparable approach

  Method

  Valuation

  Method 1

  $165,370

  Method 2

  $165,370

• Alternative Use

  Use

  Valuation

  Residential

  $610,469

  Hospitality

  $559,186

  Educational

  $465,236

  Medical

  $481,237

  Retail

  $723,701

Location Insight

City

Rochester

County

Olmsted

State

Minnesota

Latitude

44.0188

Longitude

-92.4591

CBSA code

40340

CBSA name

ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $356,500
• Assessed land value
  $161,900
• Assessed value
  $518,400
• Tax year
  2022
• Tax bill
  $13,840

FAQs

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