Property profile

30 Land Rochester, MN 55901

OFF-MARKET
Land
30 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 30 ac (1,306,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30 Land Rochester, MN 55901
Rochester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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