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    2961 Glenwood Rd SW Rochester, MN 55902

    Sponsored
    For Sale
    $195,000

    Lots & Land - Rochester, MN

    Lot size:
    2.21 Acres
    Days on Market:
    356
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2961 Glenwood Rd SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    641744085764
    Lot size
    2.21 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Gary Schueller (952) 829-2900

    Listing date Jan 15, 2025

    MLS# 6649442 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Mayowood Estates

    New acreage lots are available in Mayowood Estates. The lots vary in size from 2 to 6 acres and offer a choice of heavily wooded, partially wooded, open with views, walk-out, day window, and flat options suitable for an in-ground pool. The 11 cul-de-sac lots are conveniently located off Bamber Valley Rd. The new entrance on Mayowood Estates Dr SW leads to what is described as a desirable SW acreage development in Rochester. The location provides an easy commute to Hwy 52 and downtown amenities, including the Mayo Clinic campus. There are 24 lots in Phase 1. The zoning is Residential-Single Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Kitchen & Bath Garden Center Daycare Center Plumbing Service Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.52312835
    Latitude
    43.97910748

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    FAQs

    What type of property is this?
    Land - Acreage lots in Rochester's desirable SW acreage development.
    Where is this land located?
    The property is located at 2961 Glenwood Rd SW Rochester, MN.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - New acreage lots in Mayowood Estates (2-6 acres).; - Variety of lot types: wooded, open with views, walk-out options, suitable for in-ground pool.; - Convenient location off Bamber Valley Rd, easy commute to Hwy 52 and downtown Rochester/Mayo Clinic.
    (507) 254-1635
    Request Owner's contact information
    2961 Glenwood Rd SW Rochester, MN 55902
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    Rochester, MN 55902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2961 Glenwood Rd SW Rochester, MN 55902
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