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

    4444 Canal Pl SE Rochester, MN 55904

    For Sale
    $2,970,000

    Land near retailers, apartments, hotels, and future sports complex.

    Lot size:
    4.58 Acres

    Property Features for 4444 Canal Pl SE

    General Information

    Lot size
    4.58 Acres

    Source: CBRE - Minnesota Agent Brian Pankratz

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

    Overview

    Prime Commercial Land Opportunity

    This commercial land offers immediate proximity to national, regional, and local retailers, approximately 1000 apartment units, and three hotels including Holiday Inn Express, Microtel Inns & Suites, and La Quinta Inns & Suites. The LI zoning permits low-impact commercial and industrial uses near major roads. The Future Land Use designation (Commercial & Business Development) will allow for a variety of commercial uses. A recently announced new Regional Sports Complex of 150 acres is planned, which will include 8 turf baseball/softball fields, pickleball courts, and indoor basketball/volleyball courts. The property is approximately 5.6 miles away from the Mayo Clinic, Methodist campus, and the new $5 billion expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -92.4642227
    Latitude
    43.9577126

    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?
    Land - Land near retailers, apartments, hotels, and future sports complex.
    Where is this land located?
    The property is located at 4444 Canal Pl SE Rochester, MN.
    What is the asking price?
    The asking price for this property is $2,970,000.
    What are key features of this property?
    This property features: - Immediate proximity to a high concentration of apartment units (+/- 1000) and three hotels.; - Future Land Use (Commercial & Business Development) allows for a variety of commercial uses.; - Close proximity to the Mayo Clinic, Methodist campus and its $5 billion expansion (+/- 5.6 miles).
    (952) 924-4665
    Request Owner's contact information
    4444 Canal Pl SE Rochester, MN 55904
    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.
    4444 Canal Pl SE
    Rochester, MN 55904
    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
    4444 Canal Pl SE Rochester, MN 55904
    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.