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Office BuildingCommercial

500 1ST AVE SW

ROCHESTER, MN 55902
0
Baths
23,778 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.66 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$140,254 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$4,488,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,149,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$2,339,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$4,488,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$4,488,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.47
77
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
62
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
53
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
44
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.61 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Office Building
CountyOLMSTED
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2003
Lot (acres)The size of the land the home sits on, from county records.0.67
RoofThe main material covering the roof, such as asphalt shingle or tile.Builtup (layered Asphalt)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Elevator

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Folwell Elementary SchoolA-
Elementary · Grades PK–5 · 1.1 mi
H
Mayo High SchoolA
High · Grades 9–12 · 1.3 mi
M
John Adams Middle SchoolC
Middle · Grades 6–8 · 2.9 mi

District: Rochester Public School District

Neighborhood · ZIP 55902These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.76
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.26,266
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.635 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,949
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$170,465
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

500 1st Ave Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Rochester 55902
  • Has a bigger lot than 88% of homes in Downtown
  • Newer than 65% of homes in Downtown

How it measures up in Rochester 55902

The dot is this home. The mark in the middle is the typical home in Rochester 55902.

Living area23,778 ft²
SmallerTypical 1,816 ft²Bigger

Bigger than almost all homes nearby

Lot size0.66 ac
SmallerTypical 0.29 acBigger

Bigger than 82% of homes nearby

Year built1985
OlderTypical 1991Newer

Newer than 40% of homes nearby

How 500 1st Ave Sw ranks against every home in each area.
MeasureThis homeDowntownRochester 55902Olmsted County
Living areabigger than23,778 ft²96% of homesalmost all homesalmost all homes
Lot sizebigger than0.66 ac88% of homes82% of homes85% of homes
Year builtnewer than198565% of homes40% of homes48% of homes

About 500 1st Ave Sw

When did 500 1st Ave Sw, Rochester, MN last sell?

500 1st Ave Sw, Rochester, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 500 1st Ave Sw, Rochester, MN?

500 1st Ave Sw, Rochester, MN has 23,778 square feet of living space and a 0.67-acre lot.

When was 500 1st Ave Sw, Rochester, MN built?

500 1st Ave Sw, Rochester, MN was built in 1985, making it 41 years old.

What schools serve 500 1st Ave Sw, Rochester, MN?

500 1st Ave Sw, Rochester, MN is assigned to Folwell Elementary School (elementary), rated A-; Mayo High School (high), rated A; John Adams Middle School (middle), rated C. All sit in Rochester Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 500 1st Ave Sw, Rochester, MN compare to other homes in Rochester 55902?

Among the 9,331 homes in Rochester 55902, it is bigger than almost all of them (23,778 ft² against a typical 1,816 ft²), its lot is bigger than 82% of them (0.66 ac against a typical 0.29 ac) and it is newer than 40% of them (1985 against a typical 1991). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 500 1st Ave Sw, Rochester, MN?

The 2026 property tax bill for 500 1st Ave Sw, Rochester, MN was $140,254. The county assessed it at $4,488,800.

More homes on 1st Ave Sw

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Assigned schools

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