Property summary
This exceptional 30-acre parcel presents a significant development opportunity in Rochester, Minnesota. Located within Olmsted County and zoned R-3 under the Rochester Unified Development Code, this property offers substantial potential for high-density residential construction. The expansive lot size allows for the creation of a large-scale residential community, with estimates suggesting a development capacity exceeding 1000 units. The property's address is 30 Acres R-3 Land, Rochester, MN 55901, situated at latitude 44.0780552 and longitude -92.5098914. This prime location within Rochester offers convenient access to amenities, infrastructure, and a thriving local economy. The R-3 zoning designation provides flexibility in development plans, allowing for a variety of residential building types and densities. Serious inquiries are encouraged, and the price is negotiable. This is a rare opportunity to acquire a large, strategically located parcel of land ideal for a substantial residential development project in a rapidly growing area. The property's size and zoning make it an attractive investment for developers seeking to capitalize on Rochester's robust housing market. Detailed information regarding development regulations and potential unit counts are available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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