535 37Th St, Rochester, MN 55906
This exceptional 6.94-acre commercial land parcel presents a remarkable investment opportunity in Northeast Rochester, Minnesota. Strategically located on the highly visible corner of 37th Street NE and North Broadway Avenue, this property comprises three combined parcels ideal for diverse commercial development. The site benefits from exceptional daily traffic counts, with 23,300 vehicles passing on 37th Street and 11,490 on North Broadway Avenue, ensuring maximum exposure for any future business. The property's commercial zoning allows for a wide range of development possibilities, catering to businesses seeking a prominent location with high visibility and accessibility. The address is 535 37th St NE, Rochester, MN 55906, within Olmsted County. This prime location offers significant potential for growth and success, making it an attractive investment for developers and businesses alike. The asking price for this exceptional property is $3,325,370. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving area.
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
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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.