2450 MarionRochester, MN 55904

Property Details for 2450 Marion

Year built

1977

Lot size

11.97 AC

Property size (Sq ft)

58,131 SF

Property type

Office properties

Property subtype

Office buildings

APN

63.17.13.035873

APU

631713035873

• CAP approach

  CAP return

  Valuation

  6%

  $9,569,003

  6.5%

  $8,832,926

  7%

  $8,202,002

• Comparable approach

  Method

  Valuation

  Method 1

  $2,967,006

  Method 2

  $2,967,006

• Alternative Use

  Use

  Valuation

  Residential

  $10,952,828

  Hospitality

  $10,032,732

  Educational

  $8,347,115

  Medical

  $8,634,185

  Retail

  $12,984,401

Location Insight

City

Rochester

County

Olmsted

State

Minnesota

Latitude

43.9872

Longitude

-92.404

CBSA code

40340

CBSA name

ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $2,784,500
• Assessed land value
  $521,200
• Assessed value
  $3,305,700
• Tax year
  2023
• Tax bill
  $100,742

FAQs

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