0 Pendant Ln, Rochester, MN 55901
This exceptional 1.71-acre commercial lot in Rochester, Minnesota, presents a rare development opportunity. Located near Highway 14 West and West Circle Drive, this property boasts high visibility and accessibility, making it ideal for a variety of commercial ventures. The lot is zoned for commercial use and offers significant potential for a retail center, commercial complex, or multi-family residential development. Its strategic location within a thriving commercial hub, surrounded by established businesses and multi-family buildings, ensures a consistent flow of potential customers and employees. The asking price is $391,755, translating to $6 per square foot. The property's convenient access to major highways enhances its appeal, while existing infrastructure and utilities minimize development time and costs. This is one of the last available lots in the area, offering a unique chance to establish a prominent presence in a rapidly growing market. The property's Olmsted County location, with a 55901 zip code, and its APN number 742943064690, provide further identification. This is a turnkey opportunity to capitalize on a prime location and build a successful business or residential development. The property is owned by Charel Properties LLC. Don't miss this chance to secure a piece of Rochester's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.