Current Use by Public Records
- All Climate Self Storage South / Storage Facility
- All Climate Self Storage / Storage Facility
- Rochester VA Clinic / Medical Clinic
- Midwest Indoor Storage -Rochester SW / Storage Facility
- Dr. Brenda Brown / Pediatrician / Physician
Property Details for 3551 Commercial Dr
- Lot size
- 8.34 lot acres
- Property type
- Specialty properties
- Property subtype
- Parking lots & garages
Description
This exceptional investment opportunity presents a substantial 7,480 square foot single-tenant garage located at 3551 Commercial Dr SW, Rochester, MN 55902. Situated on a generous 8.34 acres of land, this special purpose property boasts a total building size of 113,824 square feet and offers ample parking with 450 spaces. The property's strategic location on Commercial Dr SW, with a cross street of 36th St SW, ensures high visibility and accessibility. With an impressive daily traffic count of 43,000 cars passing the front door, this location offers unparalleled exposure. The property is zoned M-1, providing flexibility for various uses within the permitted zoning regulations. The Olmsted County Assessor's Parcel Number (APN) is 642342084623. Taxes are assessed at $2.58 per square foot. This single-tenant property presents a strong, stable investment opportunity with significant potential for future growth and return. The property's size and location make it an ideal investment for those seeking a substantial holding in a thriving Minnesota market. Further details regarding the tenant and lease terms are available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.465
- Latitude
- 43.971
