7050 11Th Ave Rochester, MN 55902
- Automotive properties
- 7,876 SF
- 2.34 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 7050 11Th Ave
- Year built
- 1972
- Lot size
- 2.34 lot acres
- Property size
- 7,876 SF
- Property type
- Automotive properties
- APN
- 54.11.22.050764
- APU
- 541122050764
Description
This exceptional investment opportunity presents a fully leased 6,000-square-foot warehouse situated on approximately 3 to 4 acres of land in Rochester, Minnesota. The property boasts significant annual income generated from a long-term billboard lease, adding a substantial return on investment. Its prime location offers unparalleled visibility, with convenient access to Highway 63 South and a mere two-minute drive to Interstate 90. The proximity to Rochester International Airport further enhances its strategic value. The existing warehouse is ideal for continued industrial use, while the expansive land parcel presents significant potential for future development and expansion. The property is zoned for industrial use, making it a versatile asset for a variety of business ventures. The asking price for this exceptional property is $2,500,000. The address is 7050 11th Ave SW, Rochester, MN 55902, in Olmsted County. This combination of existing income, prime location, and development potential makes this a truly unique and compelling investment opportunity. The land value is not included in the price per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4778
- Latitude
- 43.9192
- CBSA code
- 40340
- CBSA name
- ROCHESTER, MN METROPOLITAN STATISTICAL AREA
