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506 3rd Ave; Rochester, MN Property Details

506 3rd Ave, Rochester, MN is a Auto Repair/parts/garage that was built in 1983. This property is currently Financed and is not for sale. Our records show that 506 3rd Ave has a total of 9,332 square feet. The lot size of 506 3rd Ave is 14,201 square feet.

Off market
506 3rd Ave NW Rochester, MN 55901
$1,750,000 Listing Price
9,332 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1983
  • Purchase Price: $1,475,000
  • Open Loans: 2
  • APN: 74.35.42.018515
  • Situs County: Olmsted
  • Length Of Ownership: 3 years, 2 months

Structure

  • Floor Cover Type: Concrete
  • Exterior Wall Type: Stucco
  • Building Quality: C
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Built-up

Measurements

  • Total: 9,332/SqFt
  • Lot: 14,201/SqFt
  • Gross: 9,332/SqFt
  • Living: 9,332/SqFt
  • Building: 9,332/SqFt
  • Ground: 9,332/SqFt
  • Price Per Square Foot: $158.06

Legal Description

  • Description: SECT-35 TWP-107 RANGE-014 ORIGINAL PLAT (CITY OF ROCH)-P BLOCK-072 .31 AC W108FT S125FT BLK 72
Building Insights

Land Information

  • Property Type: Auto repair/parts/garage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.028423 / -92.466995
  • Subdivision: Original Plat (City Of Roch)-Pt Torrens
  • Property Class: Commercial

Amenities

  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

506 3rd Ave NW has no associated ownership info
506 3rd Ave NW has no associated ownership info.

Taxes

506 3rd Ave NW has 10 associated Taxes items

506 3rd Ave, 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 $815,600. The APN we've located for 506 3rd Ave is 74.35.42.018515.

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Taxes
  • Assessed Value:  $815,600
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  74.35.42.018515
  • Assessed Land Value:  113800
  • Market Land Value:  113800
  • Tax Amount:  23424
  • Tax Year:  2026
  • Market Value:  815600
  • Market Year:  2025

Tax History

506 3rd Ave NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $23,424 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $815,600 Land Value $113,800 Improvement Value $701,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $671,700 Land Value $85,300 Improvement Value $586,400 Tax Amount $19,194 Change Rate +0.068232% Assessed CR Tax Rate +0.028575%
Year 2023 Assessed Value $671,700 Land Value $85,300 Improvement Value $586,400 Tax Amount $17,968 Change Rate +0.177149% Assessed CR Tax Rate +0.02675%
Year 2022 Assessed Value $516,400 Land Value $85,300 Improvement Value $431,100 Tax Amount $15,264 Change Rate +0.004475% Assessed CR Tax Rate +0.029558%
Year 2021 Assessed Value $516,400 Land Value $85,300 Improvement Value $431,100 Tax Amount $15,196 Change Rate -0.054034% Assessed CR Tax Rate +0.029427%
Year 2020 Assessed Value $516,400 Land Value $85,300 Improvement Value $431,100 Tax Amount $16,064 Change Rate -0.004955% Assessed CR Tax Rate +0.031108%
Year 2019 Assessed Value $516,400 Land Value $85,300 Improvement Value $431,100 Tax Amount $16,144 Change Rate -0.02465% Assessed CR Tax Rate +0.031263%
Year 2018 Assessed Value $516,400 Land Value $85,300 Improvement Value $431,100 Tax Amount $16,552 Change Rate -0.01347% Assessed CR Tax Rate +0.032053%
Year 2017 Assessed Value $516,400 Land Value $85,300 Improvement Value $431,100 Tax Amount $16,778 Change Rate -0.040709% Assessed CR Tax Rate +0.03249%
Year 2016 Assessed Value $501,900 Land Value $85,300 Improvement Value $416,600 Tax Amount $17,490 Change Rate +0.0184% Assessed CR Tax Rate +0.034848%
Year 2015 Assessed Value $501,900 Land Value $85,300 Improvement Value $416,600 Tax Amount $17,174 Change Rate -0.003713% Assessed CR Tax Rate +0.034218%
Year 2014 Assessed Value $501,900 Land Value $85,300 Improvement Value $416,600 Tax Amount $17,238 Change Rate Assessed CR Tax Rate +0.034345%
Year 2012 Assessed Value $501,900 Land Value $85,300 Improvement Value $416,600 Tax Amount Change Rate Assessed CR Tax Rate