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265 Penny Ln; Rochester, MN Property Details

265 Penny Ln, Rochester, MN is a Car Wash that was built in 2019. This property is currently a cash purchase and is not for sale. Our records show that 265 Penny Ln has a total of 5,485 square feet. The lot size of 265 Penny Ln is 50,094 square feet.

Off market
265 Penny Ln NE Rochester, MN 55906
$1,767,100 Estimated Value
5,485 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2019
  • Purchase Price: $651,221
  • Open Loans / Balance: 1 / $2,897,579
  • APN: 74.23.14.084959
  • Situs County: Olmsted
  • Length Of Ownership: 7 years, 2 months

Structure

  • Exterior Wall Type: Wood Shingle
  • Roof Type: Flat
  • Roof Cover Type: Built-up

Measurements

  • Total: 5,485/SqFt
  • Lot: 50,094/SqFt
  • Gross: 5,485/SqFt
  • Building: 5,485/SqFt
  • Price Per Square Foot: $118.73

Legal Description

  • Description: SECT-23 TWP-107 RANGE-014 ALLEN 2ND SUBDIVISION TH PT LOT 5 BLK 2 DES AS FOL COM SWCOR LOT 5 TH N 00 DEG 3309W 51.33FT TH NLY
Building Insights

Land Information

  • Property Type: Car wash
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.059647 / -92.459465
  • Subdivision: Allen 2nd Subdivision
  • Property Class: Commercial

Amenities

  • Plus Four: 2049
  • Cooling: Central
  • Heating: Space/Suspended

Ownership Info

265 Penny Ln NE has no associated ownership info
265 Penny Ln NE has no associated ownership info.

Taxes

265 Penny Ln NE has 10 associated Taxes items

265 Penny Ln, 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 $1,767,100. The APN we've located for 265 Penny Ln is 74.23.14.084959.

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Taxes
  • Assessed Value:  $1,767,100
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  74.23.14.084959
  • Assessed Land Value:  500900
  • Market Land Value:  500900
  • Tax Amount:  52734
  • Tax Year:  2026
  • Market Value:  1767100
  • Market Year:  2025

Tax History

265 Penny Ln NE has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $52,734 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $1,767,100 Land Value $500,900 Improvement Value $1,266,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $918,900 Land Value $500,900 Improvement Value $418,000 Tax Amount $26,892 Change Rate +0.067143% Assessed CR Tax Rate +0.029265%
Year 2023 Assessed Value $918,800 Land Value $500,900 Improvement Value $417,900 Tax Amount $25,200 Change Rate -0.115355% Assessed CR Tax Rate +0.027427%
Year 2022 Assessed Value $918,800 Land Value $500,900 Improvement Value $417,900 Tax Amount $28,486 Change Rate +0.927856% Assessed CR Tax Rate +0.031003%
Year 2021 Assessed Value $918,800 Land Value $500,900 Improvement Value $417,900 Tax Amount $14,776 Change Rate Assessed CR Tax Rate +0.016082%
Year 2020 Assessed Value $503,600 Land Value $500,900 Improvement Value $2,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $500,900 Land Value $500,900 Improvement Value Tax Amount $6,019 Change Rate Assessed CR Tax Rate +0.012016%