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    1915 Marion Rd SE Rochester, MN 55904

    For Sale
    Contact for pricing

    Land suitable for redevelopment near Rochester CBD, retail, and parks.

    Lot size:
    2.98 Acres

    Property Features for 1915 Marion Rd SE

    General Information

    Lot size
    2.98 Acres

    Source: CBRE - Minnesota Agent Brian Pankratz

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

    Overview

    Redevelopment Opportunity Near Rochester CBD

    This property presents a redevelopment opportunity near Rochester's central business district, retail areas, and parks. It is located within the Rochester School District, with Longfellow Choice Elementary School adjacent to the property. Other nearby schools include Mann Elementary School, Mayo High School, Franklin Elementary School, and Friedell Middle School. The property is also a short distance from the Rochester Community College Campus. Zoned as Low Density Small Lot, the property primarily allows for single-family units, including detached homes or duplexes and other attached dwellings. The property can be returned to a mobile home park. Access is available via 20th Street SE and Marion RD SE. The site is located a short distance from the Mayo Clinic CBD (3.5 miles) and the Mayo Clinic St. Mary’s Campus (4.0 miles).
    Location Intelligence

    Current Use by Public Records

    Midwest Cannabis Cafe Outdoor Clothing And Equipment Shop Bobs Trailer Court Mobile Home Park

    Suggested Use

    Realty agency Law Firm Clothing Store Auto Repair Shop Gym & Fitness Accounting Firm Kitchen & Bath Grocery Store Food Market Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4262095
    Latitude
    43.994607

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    FAQs

    What type of property is this?
    Land - Land suitable for redevelopment near Rochester CBD, retail, and parks.
    Where is this land located?
    The property is located at 1915 Marion Rd SE Rochester, MN.
    What are key features of this property?
    This property features: - Redevelopment opportunity near Rochester CBD, retail, and parks.; - Located in Rochester School District, adjacent to Longfellow Choice Elementary School.; - Zoned Low Density Small Lot: allows single-family, duplexes, and attached dwellings.
    (952) 924-4665
    Request Owner's contact information
    1915 Marion Rd SE Rochester, MN 55904
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    Rochester, MN 55904
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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
    1915 Marion Rd SE Rochester, MN 55904
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