3240 E River Rd NE, Rochester, MN 55906 Property Records

Olmsted County property record for 3240 E River Rd NE, Rochester, MN 55906

Property Summary

Property Type	Day Care, Pre-School
Details	2 ba · 6,000 sqft · built 1985
Lot Size	0.459 acres (19,994 sqft)
Owner	Company Name on Record
Last Sale	$1,150,000 (Nov 2024)
Tax Bill	$25,474 (2026)
Deeds & Mortgages	Oct 2025 Assignment Jul 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`74.24.23.022861`

Property Details

APN / Parcel Number

Primary APN	`74.24.23.022861`

Interior

Units	2 Units
Building Area	6,000 sqft Total Area
1st Floor Area	3,900 sqft
Flooring	Carpet

Exterior

Year Built	Built 1985
Effective Year Built	Effective 2003
Exterior Material	Wood Shingle
Roof Type	Flat
Roof Material	Metal
Lot Area	19,994 sqft (0.459 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	3240 E RIVER RD NE
City	ROCHESTER
State	MN
Zip	55906-3520
Property Category	Commercial
Property Type	Commercial > Retail > Day Care, Pre-School
Legal Description	SECT-24 TWP-107 RANGE-014 37TH ST BUSINESS PARK LOT-003 BLOCK-002 .46 AC LOT 3 BLK 2
Legal Range	14
Legal Township	107
Legal Section	24
Legal Subdivision	37TH ST BUSINESS PARK
Legal Block	2
Legal Lot Number	3
Jurisdiction	OLMSTED MN
Township / Civil Division	ROCHESTER
Census Block Group	1
Census Block	1003
Census Tract	1601

Owner

Source: Olmsted County records, as of September 22, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2048 50TH ST NW, ROCHESTER, MN 55901-2043
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 22, 2025	Assignment of Agreement of Sale, Transfer
Jul 29, 2022	Deed of Trust, Mortgage · Commercial Mortgage COULEE BANK
Jun 2, 2021	Deed of Trust, Mortgage · Commercial Mortgage COULEE BANK
Feb 28, 2020	Warranty Deed, Transfer · Commercial Mortgage COULEE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 13, 2024 · Amount on Record
Deed Sale	Nov 13, 2024 · Amount on Record
Prior Sale	Feb 28, 2020 · Amount on Record
Deed Document Number	20241614695
Record Updated	Oct 29, 2026

October 2025: Assignment of Agreement of Sale, Transfer

Document Type	Assignment of Agreement of Sale
Jurisdiction	OLMSTED MN
Recording Date	Oct 22, 2025
Property Address	3240 E RIVER RD NE, ROCHESTER, MN 55906-3520
Document Number	00A1633630
Instrument Date	Oct 20, 2025
Instrument	A-1633630
Transaction Type	Transfer
Record Updated	Dec 3, 2025

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1516 LOSEY BLVD S, LA CROSSE, WI 54601-6103

July 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OLMSTED MN
Property Address	3240 E RIVER RD NE, ROCHESTER, MN 55906-3520
Transaction Type	Mortgage
Record Updated	Aug 24, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00A1570821
Date	Jul 29, 2022
Instrument	A-1570821

Lender

Name	COULEE BANK
Type	Bank
Address	LA CROSSE, WI 54601

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	61 Months
Due	Aug 6, 2027

June 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OLMSTED MN
Property Address	3240 E RIVER RD NE, ROCHESTER, MN 55906-3520
Transaction Type	Mortgage
Record Updated	Aug 3, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	A1536637
Date	Jun 2, 2021
Instrument	A-1536637

Lender

Name	COULEE BANK
Type	Bank
Address	LA CROSSE, WI 54601

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jun 25, 2026

February 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OLMSTED MN
Recording Date	Feb 28, 2020
Property Address	3240 E RIVER RD NE, ROCHESTER, MN 55906-3520
Document Number	A1493676
Instrument Date	Feb 25, 2020
Instrument	A-1493676
Transaction Type	Transfer
Record Updated	Jul 20, 2021

Transaction

Amount	Amount Recorded
Tax	$1,485.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2626 SUMMIT DR NE, ROCHESTER, MN 55906-7500

Mortgage

Document Number	A1493682
Date	Feb 28, 2020
Instrument	A-1493682

Lender

Name	COULEE BANK
Type	Bank
Address	LA CROSSE, WI 54601

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Olmsted County assessment roll, as of July 30, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Olmsted County
Municipality	Rochester City
Unified School District	Rochester Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$25,474.00 (+4.38%)
2025		$839,000 (-) Land $120,000 Building $719,000	$839,000 (-) Land $120,000 Building $719,000
2024	$24,404.00	$839,000 Land $120,000 Building $719,000	$839,000 Land $120,000 Building $719,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	3 (1978–1986)
Claims Outside the SFHA	3 of 3
Most Recent Claim	Sep 1986 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Rochester serves 123,624 people · EPA ID MN1550010
Water Source	Groundwater
Last State Inspection	Nov 2025
Lead	7 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 337 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
CenturyLink DSL · Fiber in parts of the area	140 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Hiawatha Broadband Communications, Minnesota WiFi.

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