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    40Th Ave Rochester, MN 55901

    Sponsored
    For Sale
    $225,000

    Prime Rochester commercial/industrial land. High traffic counts.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.43-acre parcel presents a unique investment opportunity in Rochester, Minnesota. Located at XXX 40th Ave NW, this commercially and industrially zoned land boasts an enviable location just off West Circle Drive and 41st St NW, benefiting from high visibility and impressive traffic counts. West Circle Drive sees an annual daily traffic count of 23,683 vehicles, while 41st St NW registers 7,500. The property's APN is 742011078167. Its prime location offers unparalleled potential for a wide range of businesses, from retail spaces to industrial facilities. The asking price for this exceptional property is $225,000. This is a rare chance to acquire a piece of prime real estate in a highly sought-after area of Rochester, offering excellent accessibility and high visibility for any commercial or industrial venture. Don't miss this opportunity to establish your business in a thriving location with significant traffic flow. The property is zoned for commercial use.

    Property Features for 0 40Th Ave

    General Information

    Property type
    Land
    Lot Size
    18,731 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5214421
    Latitude
    44.0580312

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    FAQs

    What type of property is this?
    Land - Prime Rochester commercial/industrial land. High traffic counts.
    Where is this land located?
    The property is located at 40Th Ave Rochester, MN.
    What is the asking price?
    The asking price for this property is $225,000.
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    40Th Ave Rochester, MN 55901
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    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
    40Th Ave Rochester, MN 55901
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