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    2820 Highway 63 S Rochester, MN 55906

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    For Lease
    Contact for pricing

    Retail property with excellent visibility and highway access.

    Property size:
    90,432 SF
    Lot size:
    8.70 Acres

    Property Features for 2820 Highway 63 S

    General Information

    Size
    90,432 SF
    Lot size
    8.70 Acres

    Source: Transwestern Agent Thomas Palmquist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Highway Access

    This retail property, encompassing 90432 square feet, is located at the intersection of Hwy 63 and Hwy 52 in Rochester, Minnesota. The property benefits from excellent visibility and access. Noteworthy upgrades include new HVAC units, a new roof, and new lighting. A $65 million Rochester Sports Complex is under construction nearby.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.454504
    Latitude
    44.055292

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    FAQs

    What type of property is this?
    Shopping center - Retail property with excellent visibility and highway access.
    Where is this shopping center located?
    The property is located at 2820 Highway 63 S Rochester, MN.
    What are key features of this property?
    This property features: - Excellent visibility and access at the intersection of Hwy 63 & Hwy 52.; - Located in Rochester, the 3rd largest city in Minnesota.; - Proximity to the future $65M Rochester Sports Complex.
    (952) 897-7739
    Request Owner's contact information
    2820 Highway 63 S Rochester, MN 55906
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    Rochester, MN 55906
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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
    2820 Highway 63 S Rochester, MN 55906
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