0 Wheelock Dr, Rochester, MN 55906
This exceptional 1.1-acre commercial land parcel presents a remarkable investment opportunity in Rochester, Minnesota. Ideally situated on Wheelock Dr NE, 55906, this property boasts a highly desirable MXS zoning designation, opening doors to a wide array of commercial development possibilities. Its strategic location directly across the street from established businesses like Kwik Trip, Caribou Coffee, and McDonald's ensures high visibility and convenient access for potential customers. The property's exceptional location benefits from significant daily traffic counts, with Viola Road registering 7,400 cars per day and E Circle Drive boasting an impressive 14,000 cars per day. This translates to substantial foot traffic and potential for strong returns on investment. The asking price is $574,992, representing a land value of $12 per square foot. This represents a compelling opportunity to acquire a well-positioned commercial lot in a thriving Minnesota market. The property's size and zoning make it suitable for a variety of commercial ventures, offering significant potential for future growth and profitability. Don't miss this chance to secure a prime piece of Rochester real estate. Act quickly, as opportunities like this are rare.
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.