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    OFF-MARKET
    Land

    Township New Hvn, Rochester, MN 55901

    32.29 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional 32.29-acre commercial and farmland tract in Olmsted County, Minnesota, is now available for $774,960. This property boasts a desirable location near Rochester, MN, and offers significant development potential. The land is entirely tillable, with a high corn productivity index (CPI) of 70.4, making it ideal for agricultural use and potentially generating strong rental income. Its proximity to Highway 52 ("the golden corridor") ensures excellent accessibility, while the nearby Mayo Clinic presents unique advantages for potential commercial ventures. Additional amenities include proximity to the Douglas Trail, the Zumbro River, and the Pine Island Golf Course. The property is conveniently located just outside Pine Island, MN, and minutes from Rochester. Real estate taxes are $4,044 annually. The land is priced at $24,000 per acre, reflecting its prime location and diverse development possibilities. This presents a compelling investment opportunity for those seeking a versatile property with strong potential for future growth and returns. The address is in New Haven Township, Rochester, MN 55901.

    Property profile
    Verified
    Property type Land
    Lot 32.29 ac (1,406,552 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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