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1985 Commerce Dr; Rochester, MN Property Details

1985 Commerce Dr, Rochester, MN is a Financial Bldg that was built in 2014. This property is currently a cash purchase and is not for sale. Our records show that 1985 Commerce Dr has a total of 3,286 square feet. The lot size of 1985 Commerce Dr is 47,393 square feet.

Off market
1985 Commerce Dr NW Rochester, MN 55901
$984,700 Estimated Value
3,286 SqFt
Property Type
Financial Bldg
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2014
  • Purchase Price: $698,972
  • APN: 74.28.23.080093
  • Situs County: Olmsted
  • Length Of Ownership: 12 years, 3 months

Structure

  • Exterior Wall Type: Metal
  • Roof Type: Flat
  • Roof Cover Type: Built-up

Measurements

  • Total: 3,286/SqFt
  • Lot: 47,393/SqFt
  • Gross: 3,286/SqFt
  • Building: 3,286/SqFt
  • Price Per Square Foot: $212.71

Legal Description

  • Description: SECT-28 TWP-107 RANGE-014 NORTHWEST COMMERCIAL CENTER LOT-001 BLOCK-003 LOT 1 BLK 3
Building Insights

Land Information

  • Property Type: Financial Bldg
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.04457 / -92.518005
  • Subdivision: Northwest Commercial Center
  • Property Class: Office

Amenities

  • Plus Four: 3316
  • Cooling: Central
  • Heating: Central

Ownership Info

1985 Commerce Dr NW has no associated ownership info
1985 Commerce Dr NW has no associated ownership info.

Taxes

1985 Commerce Dr NW has 10 associated Taxes items

1985 Commerce Dr, Rochester, MN pays taxes in Olmsted County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $984,700. The APN we've located for 1985 Commerce Dr is 74.28.23.080093.

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Taxes
  • Assessed Value:  $984,700
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  74.28.23.080093
  • Assessed Land Value:  663400
  • Market Land Value:  663400
  • Tax Amount:  28950
  • Tax Year:  2026
  • Market Value:  984700
  • Market Year:  2025

Tax History

1985 Commerce Dr NW has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $28,950 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $984,700 Land Value $663,400 Improvement Value $321,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $984,700 Land Value $663,400 Improvement Value $321,300 Tax Amount $28,940 Change Rate +0.066716% Assessed CR Tax Rate +0.02939%
Year 2023 Assessed Value $984,700 Land Value $663,400 Improvement Value $321,300 Tax Amount $27,130 Change Rate -0.076646% Assessed CR Tax Rate +0.027552%
Year 2022 Assessed Value $984,700 Land Value $663,400 Improvement Value $321,300 Tax Amount $29,382 Change Rate +0.00465% Assessed CR Tax Rate +0.029839%
Year 2021 Assessed Value $946,100 Land Value $663,400 Improvement Value $282,700 Tax Amount $29,246 Change Rate -0.049776% Assessed CR Tax Rate +0.030912%
Year 2020 Assessed Value $946,100 Land Value $663,400 Improvement Value $282,700 Tax Amount $30,778 Change Rate +0.977512% Assessed CR Tax Rate +0.032531%
Year 2019 Assessed Value $946,100 Land Value $663,400 Improvement Value $282,700 Tax Amount $15,564 Change Rate Assessed CR Tax Rate +0.016451%
Year 2018 Assessed Value $946,100 Land Value $663,400 Improvement Value $282,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $946,100 Land Value $663,400 Improvement Value $282,700 Tax Amount $16,370 Change Rate +0.119087% Assessed CR Tax Rate +0.017303%
Year 2016 Assessed Value $946,100 Land Value $663,400 Improvement Value $282,700 Tax Amount $14,628 Change Rate +3.08946% Assessed CR Tax Rate +0.015461%
Year 2015 Assessed Value $815,700 Land Value $568,600 Improvement Value $247,100 Tax Amount $3,577 Change Rate -0.23339% Assessed CR Tax Rate +0.004385%
Year 2014 Assessed Value $230,100 Land Value $230,100 Improvement Value Tax Amount $4,666 Change Rate Assessed CR Tax Rate +0.020278%
Year 2012 Assessed Value $94,800 Land Value $94,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
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