Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3 Commercial Dr SW Rochester, MN 55902

    For Sale
    $496,200

    Lots & Land - Rochester, MN

    Lot size:
    0.67 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 3 Commercial Dr SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    642634081627
    Lot size
    0.67 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Daniel Groteboer (952) 829-2900

    Listing date Nov 20, 2025

    MLS# 6820474 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

    Commercial Lot in Rochester, MN

    This 0.67-acre commercial lot is located in an expanding area of southwest Rochester. The property benefits from a high-traffic location with high visibility, situated just off 48th Street SW and Highway 63 South. The zoning is designated for business and commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.472076
    Latitude
    43.952371

    Nearby Similar for Sale

    • $3,000,000
      Pending

      Dental Office Building in Rochester

      Well-maintained dental office building with a secure 3-year lease.
      3000 43Rd St NW, Rochester, MN 55901
      View Details
    • $2,199,000
      3.11 Acres

      Rochester Church with Redevelopment Potential

      Church property on 3+ acres near Highway 52 and Mayo Clinic.
      1727 Walden Ln SW, Rochester, MN 55902
      View Details
    • $6,500,000
      4.04 Acres

      Rochester MN Hotel Opportunity

      Centrally located Rochester, MN hotel near Mayo Clinic.
      435 16Th Ave NW, Rochester, MN 55901
      View Details
    • $3,000,000
      Pending

      Timeless Rochester Commercial Building

      Southwest Rochester commercial building with marble tile exterior.
      1620 Greenview Dr SW, Rochester, MN 55902
      View Details
    • $700,000
      0.36 Acres

      Rochester Commercial Property For Sale

      3,200 SF commercial property in a thriving Northwest business district.
      1131 Valleyhigh Dr NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      25,000 SF

      Rochester Multifamily Investment Opportunity

      28-unit apartment complex near Mayo Clinic's $5B project.
      1901 26Th Ave Northwest, Rochester, MN 55901
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.67-acre commercial lot in an expanding Rochester location.
    Where is this commercial land located?
    The property is located at 3 Commercial Dr SW Rochester, MN.
    What is the asking price?
    The asking price for this property is $496,200.
    What are key features of this property?
    This property features: - Excellent 0.67-acre commercial lot; - Expanding SW Rochester location; - High traffic location
    (952) 829-2900
    Request Owner's contact information
    3 Commercial Dr SW Rochester, MN 55902
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3 Commercial Dr SW
    Rochester, MN 55902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3 Commercial Dr SW Rochester, MN 55902
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.