Entitled Multifamily Development
For Sale
Contact for pricing
3450 Kenosha Dr NW, Rochester, MN 55901
Fully entitled multifamily development site approved for 199 units with structured parking and EV charging infrastructure.
Property SizeContact for details
Lot Size4.76 Acres
Days on Market99
Property Features for 3450 Kenosha Dr NW
General Information
Standard status
Active
Lot size
4.76 Acres
Property subtype
LAND
Additional Details
Multifamily Units
199
Listing Agency:
Realty Growth, Inc
(507) 951-1147
Listed By:
Matt Gove
(507) 951-1147
Source:
Moodyscre
Added: May 14
Changed: Aug 8
Last Checked: May 26 at 9:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Growth, Inc
Investment Insights
Based on property information with market context.
This is a fully entitled multifamily development site approved for a 199-unit apartment project on approximately 4.76 acres. The approved concept includes structured parking, modern amenities, recreation areas, EV charging infrastructure, and a diversified unit mix. Entitlement work, site planning, architectural concepts, and due diligence materials are available to qualified buyers.
The property is located just minutes from Mayo Clinic campuses, major retail destinations, and West Circle Drive NW, placing it within Rochester’s fastest-growing residential corridor. The surrounding area includes retailers such as Hy-Vee, Costco, Target, and Walmart, alongside Mayo Clinic employment.
For buyers seeking an approved path toward apartment development, this site provides the key pre-development components already completed through the entitlement and planning phases.
The property is located just minutes from Mayo Clinic campuses, major retail destinations, and West Circle Drive NW, placing it within Rochester’s fastest-growing residential corridor. The surrounding area includes retailers such as Hy-Vee, Costco, Target, and Walmart, alongside Mayo Clinic employment.
For buyers seeking an approved path toward apartment development, this site provides the key pre-development components already completed through the entitlement and planning phases.
Key Highlights
- Fully entitled 4.76‑acre multifamily development site approved for a 199‑unit apartment project
- Approved unit mix and diversified apartment layout for the 199‑unit development
- Project includes structured parking as part of the approved site plan
Property Analytics
Property Profile
Current Use
Lease Details
199
Residential units
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 55901, MN
58,046
Population
24,852
Households
2.3
Avg Household Size
36
Median Age
50%
College-Educated
94%
High-School Grad
33.1 sq mi
ZIP Area
1,754
Density / Sq Mi
$90,430
Median Household Income
$52,778
Median Earnings
$1,321
Median Rent
$290,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully entitled multifamily development site approved for 199 units with structured parking and EV charging infrastructure.
Where is this residential land & home lot located?
The property is located at 3450 Kenosha Dr NW Rochester, MN.
What are key features of this property?
This property features: Fully entitled 4.76‑acre multifamily development site approved for a 199‑unit apartment project; Approved unit mix and diversified apartment layout for the 199‑unit development; Project includes structured parking as part of the approved site plan
