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    Property profile & analytics
    OFF-MARKET Estimated value $1,090,000
    Automotive properties

    4590 Commercial SW Dr, Rochester, MN 55902-2580

    7,336 SF 1.05 ac lot Built 2007
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US46-1443769
    Property summary
    AI-generated overview

    This exceptional 2.46-acre commercial land parcel presents a unique investment opportunity in southwest Rochester, Minnesota. Located at the new interchange of 48th Street SW and Highway 63, this property boasts unparalleled visibility and convenient access. The site is zoned LI - Light Industrial, offering flexibility for a variety of commercial and retail uses. Its strategic location places it adjacent to major retail establishments, including Target, Fleet Farm, Lowe's, Burlington Coat Factory, Kwik Trip, McDonald's, Caribou Coffee, Jiffy Lube, Toyota, and Mercedes dealerships, ensuring high traffic and strong consumer presence. Furthermore, the property benefits from its proximity to the renowned Mayo Clinic, currently undertaking a $5 billion expansion project in Rochester. This expansion is driving significant growth in the area, including rapid housing development, further enhancing the property's long-term value and potential. Built in 2007, this parcel offers immediate development potential in a thriving market. The 55902 zip code ensures easy access to a robust infrastructure and a strong local economy. Don't miss this chance to acquire a premier commercial property in a rapidly growing area.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 2007
    Total area 7,336 SF
    Lot 1.05 ac (45,738 SF)
    APN 64.26.31.077595
    UPID US46-1443769
    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
    Current use
    Occupant on record · Public records
    • Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $959k
    Blend (final) Blend
    $1.09M
    Owner & transaction history
    Hale Properties LLC · 19 yrs held
    Hale Properties LLC
    since 2007
    2 recorded transactions
    2007
    $728,878
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.3M +10.8%
    Retail stores $1.2M +1.6%
    Commercial (general) $1.2M +0.0%
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