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

    4590 Commercial Dr SW Rochester, MN 55902

    For Sale
    $1,100,000

    2.46 acre commercial land with high visibility and access.

    Property size:
    2 SF
    Lot size:
    2.46 Acres

    Property Features for 4590 Commercial Dr SW

    General Information

    Size
    2 SF
    Lot size
    2.46 Acres

    Building Details

    Year built
    2007

    Source: Jeff Brown Agent Jeff Brown

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

    Overview

    Prime Land Parcel in Rochester

    This 2.46-acre parcel offers prime visibility and access in southwest Rochester. It is strategically located adjacent to major retail establishments, including Target, Fleet Farm, Lowe's, Burlington Coat, Kwik Trip, McDonald's, Caribou, Jiffy Lube, Toyota, and Mercedes. The property is situated near Rochester's Shoppes on Maine Complex, at the intersection of Highway 63 (Broadway) and 48th Street SW, approximately 5 miles from downtown Rochester and 7 miles from Stewartville. The location benefits from high traffic volume, with visibility to over 45,000 vehicles per day. The Mayo Clinic's ongoing $5 billion Rochester expansion is just minutes away. Zoned LI - Light Industrial, the land provides flexibility for retail and commercial uses. It is located at the new interchange of 48th Street SW and Highway 63. The area's rapid housing growth continues to drive trade in the area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Discount Tire Tire Shop

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage 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
    -92.4694071
    Latitude
    43.9552856

    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 - 2.46 acre commercial land with high visibility and access.
    Where is this land located?
    The property is located at 4590 Commercial Dr SW Rochester, MN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime visibility and access at the intersection of HWY 63 (Broadway) and 48th Street SW, with over 45,000 vehicles per day.; - Adjacent to major retail demand generators including Target, Fleet Farm, Lowes, and more.; - Located at the new interchange of 48th Street SW and HWY 63.
    (952) 607-7886
    Request Owner's contact information
    4590 Commercial Dr SW Rochester, MN 55902
    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.
    4590 Commercial Dr SW
    Rochester, MN 55902
    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
    4590 Commercial Dr SW Rochester, MN 55902
    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.