4590 Commercial SW Dr, Rochester, MN 55902-2580
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.
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Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
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.