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550 Crossroads Dr; Rochester, MN Property Details

550 Crossroads Dr, Rochester, MN is a Commercial Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 550 Crossroads Dr is 281,877 square feet.

Off market
550 Crossroads Dr SW Rochester, MN 55902
$2,818,800 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $11,500,000
  • APN: 64.11.21.056128
  • Situs County: Olmsted
  • Length Of Ownership: 7 years, 9 months

Measurements

  • Lot: 281,877/SqFt

Legal Description

  • Description: SECT-11 TWP-106 RANGE-014 SOUTH ZUMBRO PLAZA-TORRENS LOT-004 BLOCK-001 7.89 AC LOT 4 BLK 1
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.00596 / -92.46976
  • Subdivision: South Zumbro Plaza-Torrens
  • Property Class: Vacant

Amenities

  • Plus Four: 2183

Ownership Info

550 Crossroads Dr SW has no associated ownership info
550 Crossroads Dr SW has no associated ownership info.

Taxes

550 Crossroads Dr SW has 10 associated Taxes items

550 Crossroads 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 $2,818,800. The APN we've located for 550 Crossroads Dr is 64.11.21.056128.

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Taxes
  • Assessed Value:  $2,818,800
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  64.11.21.056128
  • Assessed Land Value:  2818800
  • Market Land Value:  2818800
  • Tax Amount:  87194
  • Tax Year:  2026
  • Market Value:  2818800
  • Market Year:  2025

Tax History

550 Crossroads Dr SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $87,194 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $87,765.28 Change Rate +0.063847% Assessed CR Tax Rate +0.031136%
Year 2023 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $82,498 Change Rate -0.109304% Assessed CR Tax Rate +0.029267%
Year 2022 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $92,622 Change Rate +0.004969% Assessed CR Tax Rate +0.032859%
Year 2021 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $92,164 Change Rate -0.056364% Assessed CR Tax Rate +0.032696%
Year 2020 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $97,669 Change Rate -0.006278% Assessed CR Tax Rate +0.034649%
Year 2019 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $98,286 Change Rate -0.020841% Assessed CR Tax Rate +0.034868%
Year 2018 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $100,378 Change Rate -0.009004% Assessed CR Tax Rate +0.03561%
Year 2017 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $101,290 Change Rate -0.041504% Assessed CR Tax Rate +0.035934%
Year 2016 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $105,676 Change Rate +0.0168% Assessed CR Tax Rate +0.03749%
Year 2015 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $103,930 Change Rate -0.004426% Assessed CR Tax Rate +0.03687%
Year 2014 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount $104,392 Change Rate Assessed CR Tax Rate +0.037034%
Year 2012 Assessed Value $2,818,800 Land Value $2,818,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate