Commerce Dr Rochester, MN 55901
- Land
- 5.51 lot acres
Current Use by Public Records
- Land
Property Details for 0 Commerce Dr
- Lot size
- 5.51 lot acres
- Property type
- Land
Description
This exceptional 5.51-acre commercial land parcel presents a rare development opportunity in Rochester, Minnesota. Strategically located in the high-traffic West Circle Drive area, this property boasts convenient access via Commerce Drive and Scott Road, situated just north of a Costco. The site's prime location benefits from exceptional visibility and high daily traffic counts exceeding 27,000 vehicles along West Circle Drive. Adjacent to a future Cub Foods facility, this land offers significant synergy and potential for complementary development. The property is available for sale and allows for potential subdivision, providing flexibility for various development plans. The asking price is $4,800,312, translating to $20 per square foot. This presents a unique chance to capitalize on the robust growth and desirability of this thriving area of Rochester, making it an ideal investment for discerning developers seeking a high-impact commercial project. The property is zoned for commercial use (verification required by buyer). The address is Commerce Dr NW, Rochester, MN 55901. Olmsted County records should be consulted for detailed zoning information and potential development restrictions.
Value Estimation
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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
- -92.517
- Latitude
- 44.049
