Listing Agency: CBRE - Minnesota b***@cbre.com Show Phone

Listed By: Brian Pankratz Show Phone

Source: Moodyscre

Added: Sep 18, 2024 Changed: Aug 16 Last Checked: Aug 23 at 12:15PM

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Investment Insights

Based on property information with market context.

This property is located in the center of Rochester, 0.6 miles from the Rochester Mayo Clinic CBD Campus and 1.4 miles from Mayo Clinic, including the St. Marys Campus expansion. It is situated within Rochester Public School District 535. The zoning and future land use designations allow for medium-density residential development. A $5 billion, 2.4 million square foot expansion to the Mayo Clinic Methodist campus is currently underway. This expansion is expected to support 6,000 new jobs in the Rochester area. There is the ability to acquire adjacent land sites for assemblage. The property is within walking distance of retail establishments, restaurants, and parks.

Key Highlights

• Located near Mayo Clinic campuses (0.6 miles to CBD, 1.4 miles to St. Marys)
• Zoning allows medium density residential development
• Proximity to $5 Billion Mayo Clinic expansion supporting 6,000 new jobs

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

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Frequently Asked Questions

What type of property is this?

Land - Land in central Rochester near Mayo Clinic and amenities.

Where is this land located?

The property is located at E Center St & Mayo Park Dr Rochester, MN.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: Located near Mayo Clinic campuses (0.6 miles to CBD, 1.4 miles to St. Marys); Zoning allows medium density residential development; Proximity to $5 Billion Mayo Clinic expansion supporting 6,000 new jobs