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    OFF-MARKET
    Commercial real estate

    3720 65Th St, Rochester, MN 55901

    5.14 ac lot
    Property ID
    US46-1947033
    Property summary
    AI-generated overview

    This exceptional 5.14-acre parcel, located at 3720 65th St NW in Rochester, Minnesota (APN 740811081108), presents a remarkable opportunity for developers. Zoned R-3 (Medium Density Residential), this flat, build-ready land offers significant potential for a variety of projects, including apartments, senior housing, or townhomes. Its prime Northwest Rochester location provides easy access to a thriving area, situated adjacent to recently constructed apartment buildings, existing single-family homes, and convenient shopping amenities. The asking price is $1,750,000. The property's advantageous location within a rapidly growing area of Rochester, coupled with its generous size and versatile zoning, makes it an ideal investment for those seeking to capitalize on the city's robust real estate market. The flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. This is a rare opportunity to acquire a substantial tract of land in a highly desirable area, poised for immediate development. All necessary utilities are available. Contact for details.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.14 ac (223,898 SF)
    APN 740811081108
    UPID US46-1947033
    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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