Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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