3777 40thRochester, MN 55901

  • Office properties
  • 33,696 SF
Off market
$4,989,798 Estimated

Property Details for 3777 40th

Year built
2006
Lot size
1.74 AC
Property size (Sq ft)
33,696 SF
Property type
Office properties
Property subtype
Office buildings
APN
74.20.14.083721
APU
742014083721

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,546,733
    6.5%
    $5,120,061
    7%
    $4,754,342
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,719,844
    Geo Method
    $1,719,844
  • Alternative Use

    Use
    Valuation
    Residential
    $6,348,876
    Hospitality
    $5,815,536
    Educational
    $4,838,458
    Medical
    $5,004,860
    Retail
    $7,526,490
3777 40th, Rochester, Minnesota

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0611
Longitude
-92.523
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $3,519,100
  • Assessed land value
    $604,700
  • Assessed value
    $4,123,800
  • Tax year
    2023
  • Tax bill
    $142,724

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