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    OFF-MARKET
    Land

    9000 County Road 50, Rockford, MN 55373

    9.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.04-acre property in Rockford, Minnesota, presents a unique development opportunity. Located at the intersection of Highway 55 and County Road 50, this site boasts 831 feet of stunning Crow River frontage and offers unparalleled visibility. Zoned R3 Multi-Family and C3 Highway Commercial, with a Planned Unit Development (PUD) zoning designation, it's ready for immediate development. Significant pre-development work has already been completed, including tree removal, surveying, engineering studies (including geotechnical reports), and silt fencing, representing over $200,000 in improvements. Detailed engineering plans, including site plans, utility plans, and drainage plans, are available. All utilities—city sewer and water, electricity, and natural gas—are readily accessible. The property's strategic location near a new Kwik Trip and surrounded by mixed-use properties, including multi-family housing and industrial businesses, ensures high demand. Situated just 27 miles (approximately a 38-minute drive) from Minneapolis, this location benefits from the area's robust residential growth over the past decade and high daily vehicle counts on both Highway 55 (19,300 VPD) and County Road 50 (1,763 VPD). A contingent offer is currently in place for approximately 2.29 acres adjacent to existing multi-family buildings

    Property profile
    Verified
    Property type Land
    Lot 9.04 ac (393,782 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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