3718 65Th St, Rochester, MN 55901
This exceptional 2.5-acre parcel presents a rare development opportunity in Northwest Rochester, Minnesota. Strategically located off Highway 52, this property boasts a high daily traffic count of 43,971 vehicles. Its R3 zoning makes it ideal for multi-family residential or senior living development. The site's prime location within the main shopping area offers unparalleled convenience and accessibility. Nearby amenities include Menards, the newly opened Overland Elementary School, and Dakota Middle School. Further enhancing its appeal are forthcoming market-rate apartments in the immediate vicinity. This property benefits from Rochester's robust economy, fueled by the presence of the Mayo Clinic, creating a strong demand for housing. The asking price for this exceptional land is $995,000. This is a unique chance to capitalize on the growth and potential of this thriving community. The address is 3718 65th St NW, Rochester, MN 55901.
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
Similar Nearby for Lease
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.