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    Superior Dr Rochester, MN 55901

    For Sale
    $3,065,752

    4.14 Acres, High-Traffic Retail Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.14-acre commercial land parcel presents a rare investment opportunity in Rochester, Minnesota. Situated along West Circle Drive, this property boasts unparalleled visibility with over 23,000 vehicles passing daily. Its prime location within Olmsted County's fastest-growing area ensures significant potential for substantial returns. The land is ideally suited for retail development, benefiting from its proximity to a major retailer like Costco and a signalized intersection at 19th Street and West Circle Drive. The address is Superior Dr NW, Rochester, MN 55901, offering easy access and high traffic counts. This is a unique chance to acquire a highly visible and strategically located commercial land parcel in a thriving market. The asking price is $3,065,752.80. Don't miss this exceptional opportunity to capitalize on Rochester's robust economic growth and prime retail corridor. The property's location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. This is a truly remarkable opportunity for developers seeking a high-impact location in a rapidly expanding market. Act quickly, as opportunities like this are rare.

    Property Features for 0 Superior Dr

    General Information

    Property type
    Land
    Lot Size
    180,338 SF

    HighLights

    • 4.14‑acre parcel.
    • High‑traffic location on West Circle Drive (23,000+ cars daily).
    • Prime retail site in Rochester's fastest‑growing area.
    • Excellent visibility near Costco and a signalized intersection at 19th Street and West Circle Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5275808
    Latitude
    44.0629287

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    FAQs

    What type of property is this?
    Land - 4.14 Acres, High-Traffic Retail Site
    Where is this land located?
    The property is located at Superior Dr Rochester, MN.
    What is the asking price?
    The asking price for this property is $3,065,752.
    What are key features of this property?
    This property features: 4.14-acre parcel.; High-traffic location on West Circle Drive (23,000+ cars daily).; Prime retail site in Rochester's fastest-growing area.
    Request Owner's contact information
    Superior Dr Rochester, MN 55901
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    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
    Superior Dr Rochester, MN 55901
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