Property profile

3718 65Th St Rochester, MN 55901

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

3718 65Th St Rochester, MN 55901
Rochester metro
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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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