280 Penny Ln, Rochester, MN 55906

This exceptional 3.03-acre commercial lot, located at 280 Penny Ln NE in Rochester, Minnesota (55906), presents a unique development opportunity. Zoned for commercial use, this property boasts a substantial 131,840 square feet of land, offering ample space for a variety of commercial ventures. The APN is 742314083636. Situated in Olmsted County, this land benefits from its strategic location near established retail and residential areas, ensuring high visibility and accessibility. The property's proximity to 37th St NW, a major thoroughfare with a daily traffic count of 23,300 vehicles, further enhances its commercial potential. All utilities are already connected, eliminating significant upfront costs and expediting the development process. A completed parking lot is also in place, adding immediate value and convenience. This ready-to-build site is priced at $849,900 and is ideal for commercial or mixed-use development, offering investors a compelling opportunity to capitalize on Rochester's thriving economy and prime location.