416 BroadwayRochester, MN 55904

  • Office properties
  • 7,784 SF
For Lease

Property Details for 416 Broadway

Year built
1928
Lot size
0.82 AC
Property size (Sq ft)
7,784 SF
Property type
Office properties
Property subtype
Office buildings
APN
64.02.11.084631
APU
640211084631

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,281,332
    6.5%
    $1,182,768
    7%
    $1,098,285
  • Comparable approach

    Method
    Valuation
    Method 1
    $397,295
    Method 2
    $397,295
  • Alternative Use

    Use
    Valuation
    Residential
    $1,466,632
    Hospitality
    $1,343,428
    Educational
    $1,117,716
    Medical
    $1,156,156
    Retail
    $1,738,669
416 Broadway, Rochester, Minnesota

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0184
Longitude
-92.4627
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $33,400
  • Assessed land value
    $1,918,900
  • Assessed value
    $1,952,300
  • Tax year
    2023
  • Tax bill
    $55,449

FAQs

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Please email our support team at [email protected] and they will add the team member.
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