Listing Agency: Hamilton Real Estate Group Show Phone

Listed By: Ryan Nolander · License #40703857

Source: Crexi

Added: Aug 15, 2023 Changed: Aug 14 Last Checked: Aug 14 at 5:57AM

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Investment Insights

Based on property information with market context.

Located in a rapidly growing area of Rochester, these commercial lots present an opportunity for development. Available lots range in size from 1.23 acres to 5.69 acres. The location benefits from significant traffic volume, with 18,200 cars per day (CPD) on 55th Street and 52,227 CPD on Highway 52. These shovel-ready lots are suitable for retail, commercial, and multifamily projects.

Key Highlights

• Located in the fastest growing area of Rochester
• High traffic counts: 18,200 CPD on 55th Street and 52,227 CPD on HWY 52
• Shovel‑ready lots available for immediate development

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tech Support Center Florist Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

836

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?

Commercial land - Commercial, retail, and multifamily lots in growing Rochester area.

Where is this commercial land located?

The property is located at 55th St & 18th Ave NW Rochester, MN.

What are key features of this property?

This property features: Located in the fastest growing area of Rochester; High traffic counts: 18,200 CPD on 55th Street and 52,227 CPD on HWY 52; Shovel‑ready lots available for immediate development