Property summary
This exceptional 0.63-acre lot, located at 37XX Nottingham Drive NW in Rochester, Minnesota, presents a unique opportunity for development. Priced at $300,000, this land offers a compelling value proposition at $11 per square foot. Situated within the thriving Think Plaza Development, this property boasts convenient access to major thoroughfares, including US Highway 52 and West Circle Drive, ensuring excellent visibility and accessibility. Its strategic location provides proximity to key retail destinations such as Sam's Club and Walmart, located at the nearby Northwest Plaza, via Members Parkway. The lot's zoning allows for the construction of an office building up to 6,750 square feet, making it suitable for a variety of commercial ventures. This presents an excellent chance to capitalize on Rochester's robust economic growth and build a thriving business in a high-traffic area. The property is in Olmsted County, Minnesota, with a zip code of 55901. The coordinates are 44.0745225 latitude and -92.5184535 longitude. This is a build-to-suit opportunity or a ready-to-develop lot in a rapidly expanding commercial area. Don't miss this chance to secure a prime piece of Rochester real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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