2328 Scott Rd NW, Rochester, MN 55901
For Sale
This exceptional 2.82-acre commercial land parcel presents a rare development opportunity in Rochester, Minnesota's thriving Northwest quadrant. Strategically situated along Commerce Drive and Scott Road, this property enjoys unparalleled visibility and accessibility with over 27,000 vehicles traversing West Circle Drive daily. Its location just north of Costco and directly across from the planned Cub Foods ensures high traffic volume and significant consumer exposure. The property's address is 2328 Scott Rd NW, Rochester, MN 55901, within Olmsted County. This prime location offers developers a unique chance to capitalize on the area's robust growth and strong retail demand. The asking price for this exceptional land is $1,842,585. The substantial lot size provides ample space for a variety of commercial developments, catering to the needs of a rapidly expanding community. Don't miss this chance to secure a prominent position in one of Rochester's most desirable commercial corridors. This is a truly exceptional opportunity for investors seeking high-impact development potential in a high-traffic, high-growth area. The property's location offers immediate access to major roadways and a dense concentration of existing businesses and residential areas.
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West Circle Storage Storage Facility
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Towner Companies Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.