418 6thRochester, MN 55902

Off market
$757,700 Estimated
  • Hotels
  • 16,638 SF

Property Details for 418 6th

Year built
1968
Lot size
0.35 AC
Property size (Sq ft)
16,638 SF
Property type
Hotels
APN
64.02.24.009163
APU
640224009163

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,110,818
    6.5%
    $2,871,524
    7%
    $2,666,416
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,995,628
    Geo Method
    $1,995,628
  • Alternative Use

    Use
    Valuation
    Residential
    $3,134,870
    Hospitality
    $2,871,524
    Educational
    $2,389,075
    Medical
    $2,471,239
    Retail
    $3,716,338
418 6th, Rochester, Minnesota

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0167
Longitude
-92.4691
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,894
$403,500
$354,200
$757,700
-
$403,500
$354,200
$757,700

FAQs

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