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

    3201 40Th Ave NW Rochester, MN 55901

    For Lease
    Contact for pricing

    Land with high visibility and accessibility in Rochester's retail hub.

    Lot size:
    1.75 Acres

    Property Features for 3201 40Th Ave NW

    General Information

    Lot size
    1.75 Acres

    Source: Northland Real Estate Group, LLC Agent Cameron Beiersdorf

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

    Overview

    Prime Land in Rochester, MN

    This commercial land offers opportunities for build-to-suit, ground lease, or outright purchase. The property benefits from excellent visibility and accessibility off West Circle Drive, which experiences a traffic volume of 24,917 vehicles per day. It features easy access at a signalized intersection and is located in proximity to residential neighborhoods, schools, businesses, and commercial centers. Situated within Rochester’s premier retail hub and one of its fastest-growing office nodes, the site is surrounded by a vibrant community. Several residential developments are planned or currently under construction within a few miles of the location. A $5 billion Mayo expansion is also planned, which is expected to further drive residential growth throughout the city and attract developers internationally.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5226346
    Latitude
    44.0566529

    Nearby Similar for Lease

    • $18 SF/Yr
      2,942 SF

      Downtown Rochester Landmark Office Space

      Prestigious office building with skyway access and flexible floor plans.
      206 S Broadway, Rochester, MN 55904
      View Details
    • $18 SF/Yr
      37,979 SF

      Modern Office Space in Rochester

      Premier office spaces with modern facilities in a thriving location.
      975 34Th Avenue Ct Northwest, Rochester, MN 55901
      View Details
    • $2,500,000
      23,378 SF

      Versatile Industrial/Office Building in Rochester

      Adaptable space for manufacturing, warehousing, or commercial operations.
      2460 Marion Rd SE, Rochester, MN 55904
      View Details
    • $12 SF/Yr
      22,960 SF

      Retail Space in Cedarwood Mall

      End-cap retail space in high-traffic Rochester shopping center.
      4100 18Th Ave NW, Rochester, MN 55901
      View Details
    • $16 SF/Yr
      9,920 SF

      Adaptable Office/Industrial Space For Lease

      9,207 SF office building with flexible layout in Rochester, MN.
      3416 Lakeridge Pl NW, Rochester, MN 55901
      View Details
    • $8 SF/Yr
      10,642 SF

      Rochester Warehouse with Loading Dock

      Heated and cooled warehouse with loading dock and truck bays.
      2705 S 14Th St, Rochester, MN 55901
      View Details

    FAQs

    What type of property is this?
    Land - Land with high visibility and accessibility in Rochester's retail hub.
    Where is this land located?
    The property is located at 3201 40Th Ave NW Rochester, MN.
    What are key features of this property?
    This property features: - Open to Build-to-Suit, Ground Lease, or Outright Purchase.; - Excellent visibility and accessibility with high traffic volume on West Circle Drive.; - Strategic location within Rochester’s premier retail hub and fastest growing office nodes.
    (952) 451-1061
    Request Owner's contact information
    3201 40Th Ave NW Rochester, MN 55901
    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.
    3201 40Th Ave NW
    Rochester, MN 55901
    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
    3201 40Th Ave NW Rochester, MN 55901
    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.