Property profile

Township New Hvn Rochester, MN 55901

OFF-MARKET
Land
62.47 ac lot
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Property summary

AI-generated overview

This exceptional 62.47-acre parcel in Olmsted County, Minnesota's New Haven Township presents a compelling investment opportunity. Located near Highway 52 and Rochester, this all-tillable land boasts two large access points, offering convenient access. Its prime location provides immense potential for agricultural pursuits, with excellent rental rates and proximity to the Douglas Trail and Zumbro River. The property's development potential is further enhanced by its close proximity to Rochester, the Mayo Clinic, and the Pine Island golf course. The convenient location offers easy access to Rochester and Minneapolis/St. Paul airports. The property features a CPI of 62.4 and has a current real estate tax assessment of $3,422. With its strategic location and versatile nature, this land is ideal for investors seeking a high-return agricultural investment or future development possibilities. The asking price is $1,499,280, representing a price per acre of $24,000. This represents a significant opportunity in a desirable location with excellent access and amenities.

Property profile

Verified
Property type Land
Lot 62.47 ac (2,721,193 SF)

Cap rate & NOI

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

Location

Township New Hvn 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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