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Property profile

3720 65Th St Rochester, MN 55901

OFF-MARKET
Land
Property ID
US46-1947033
5.14 ac lot
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Property summary

AI-generated overview

This exceptional 5.14-acre parcel, located at 3720 65th St NW in Rochester, Minnesota (APN 740811081108), presents a remarkable opportunity for developers. Zoned R-3 (Medium Density Residential), this flat, build-ready land offers significant potential for a variety of projects, including apartments, senior housing, or townhomes. Its prime Northwest Rochester location provides easy access to a thriving area, situated adjacent to recently constructed apartment buildings, existing single-family homes, and convenient shopping amenities. The asking price is $1,750,000. The property's advantageous location within a rapidly growing area of Rochester, coupled with its generous size and versatile zoning, makes it an ideal investment for those seeking to capitalize on the city's robust real estate market. The flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. This is a rare opportunity to acquire a substantial tract of land in a highly desirable area, poised for immediate development. All necessary utilities are available. Contact for details.

Property profile

Verified
Property type Land
Lot 5.14 ac (223,898 SF)
UPID US46-1947033

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3720 65Th St Rochester, MN 55901
Rochester metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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