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    OFF-MARKET
    Land

    0 Wheelock Dr, Rochester, MN 55906

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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