2768 Superior DrRochester, MN 55901

  • Medical offices
  • 10,312 SF
For Lease

Property Details for 2768 Superior Dr

Year built
2003
Lot size
0.95 AC
Property size (Sq ft)
10,312 SF
Property type
Medical offices
Property subtype
Medical centers
APN
74.20.43.060549
APU
742043060549

Description

This exceptional Class A office space, totaling 1700 square feet, is situated at 2768 Superior Dr NW, Rochester, in a rapidly developing area. Built in 2004, this single-building property offers a highly desirable location just off West Circle Dr. The space boasts ample parking with 40 total spaces available. The M-1 zoning allows for a variety of business uses. The property features excellent signage opportunities, both front and back. Previously occupied by a bank, the layout is versatile and includes three private offices, a dedicated conference room, a convenient kitchen area, a mail/copier room, two cubicle work areas, and two receptionist desks. This turnkey solution is ideal for businesses seeking a professional and well-equipped workspace. The property's Asset Property Number (APN) is 74.20.43.060549. This is a multi-tenant building, and one space is currently available. The building's high-quality construction and amenities make it an attractive option for discerning businesses. Don't miss this opportunity to establish your business in a thriving location with exceptional visibility and convenient parking.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,697,469
    6.5%
    $1,566,894
    7%
    $1,454,973
  • Comparable approach

    Method
    Valuation
    Relative Method
    $526,324
    Geo Method
    $526,324
  • Alternative Use

    Use
    Valuation
    Residential
    $1,942,949
    Hospitality
    $1,779,731
    Educational
    $1,480,715
    Medical
    $1,531,639
    Retail
    $2,303,335
2768 Superior Dr, Rochester, Minnesota

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0526
Longitude
-92.5239
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
2022
$59,000
$331,500
$1,683,100
$2,014,600
-
$331,500
$1,683,100
$2,014,600

FAQs

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