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    OFF-MARKET
    Land

    100 65Th St, Rochester, MN 55901

    5.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.5-acre commercial land parcel presents a compelling investment opportunity in Rochester, Minnesota. Strategically located on 65th Street NW, this property boasts unparalleled visibility and accessibility with direct access to Highway 52, a major thoroughfare experiencing over 32,000 vehicles daily. Its prime location at the southeast corner of 65th Street NW places it within a densely populated and highly trafficked area, surrounded by established businesses including Kwik Trip, Burn Boot Camp, and a new Menards across US Route 52. The property is adjacent to additional demand drivers and sits across from a developing retail center. Within a 3-mile radius, you'll find a concentration of national retailers such as Walmart, Target, McDonald's, Sam's Club, Home Depot, Wendy's, Costco, and Harbor Freight Tools. The site offers convenient access to Downtown Rochester (10-minute commute) and Rochester International Airport (15 miles). Zoned B-1, this versatile property allows for a wide range of commercial developments, including gas stations with convenience stores, hotels/motels, restaurants, and office/warehouse spaces. The strong demographics further enhance the investment potential, with nearly 150,000 residents within a 10-mile radius generating over $2 billion in annual spending and boasting an average household income exceeding $108,521. The asking price is $1,200,000, with a land value of $5.42 per square foot. The APN is 740912078598. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving market.

    Property profile
    Verified
    Property type Land
    Lot 5.5 ac (239,580 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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