28 7thRochester, MN 55906

  • Investment properties
  • 2,368 SF
Off market
$8,345,550 Estimated

Property Details for 28 7th

Year built
1966
Lot size
0.83 AC
Property size (Sq ft)
2,368 SF
Property type
Investment properties
Property subtype
Live-work space
APN
74.35.14.087644
APU
743514087644

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $389,799
    6.5%
    $359,814
    7%
    $334,113
  • Comparable approach

    Method
    Valuation
    Relative Method
    $120,863
    Geo Method
    $120,863
  • Alternative Use

    Use
    Valuation
    Residential
    $446,170
    Hospitality
    $408,689
    Educational
    $340,025
    Medical
    $351,719
    Retail
    $528,927

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0299
Longitude
-92.4615
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
$23,487
$362,800
$445,300
$808,100
-
$362,800
$445,300
$808,100

FAQs

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