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55th Street and 18th Avenue NW - Prime Development Lots Available 1.23 - 5.69 Acre Commercial Land Lots Offered at $1,331,473 - $4,117,603 CAD Per Lot in Rochester, MN 55901
INVESTMENT HIGHLIGHTS
- Located in Fast Growing NW Rochester. Convenient to HWY 52.
EXECUTIVE SUMMARY
We continue to have quite a bit of interest in the R-3 property for multiple styles of multifamily housing, so please reach out soon if you think you might have a multifamily project that would be a good fit in this development.
PROPERTY FACTS
9 LOTS AVAILABLE
Lot 1 Block 2
| Price | $1,807,414 CAD | Lot Size | 1.50 AC |
| Price Per AC | $1,204,942.47 CAD |
| Price | $1,807,414 CAD |
| Price Per AC | $1,204,942.47 CAD |
| Lot Size | 1.50 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-G mid to high-intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot 2 Block 2
| Price | $2,410,540 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,205,269.87 CAD |
| Price | $2,410,540 CAD |
| Price Per AC | $1,205,269.87 CAD |
| Lot Size | 2.00 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-G mid to high-intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot 3 Block 2
| Price | $3,150,537 CAD | Lot Size | 2.61 AC |
| Price Per AC | $1,207,102.45 CAD |
| Price | $3,150,537 CAD |
| Price Per AC | $1,207,102.45 CAD |
| Lot Size | 2.61 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-G mid to high-intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot 4 Block 2
| Price | $2,409,046 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,204,522.85 CAD |
| Price | $2,409,046 CAD |
| Price Per AC | $1,204,522.85 CAD |
| Lot Size | 2.00 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-G mid to high-intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot 1 Block 3
| Price | $1,331,473 CAD | Lot Size | 1.23 AC |
| Price Per AC | $1,082,498.27 CAD |
| Price | $1,331,473 CAD |
| Price Per AC | $1,082,498.27 CAD |
| Lot Size | 1.23 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-S low to mid -intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot 2 Block 3
| Price | $1,377,714 CAD | Lot Size | 1.27 AC |
| Price Per AC | $1,084,813.96 CAD |
| Price | $1,377,714 CAD |
| Price Per AC | $1,084,813.96 CAD |
| Lot Size | 1.27 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-S low to mid -intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot Outlot D
| Price | $2,421,084 CAD | Lot Size | 2.23 AC |
| Price Per AC | $1,085,687.83 CAD |
| Price | $2,421,084 CAD |
| Price Per AC | $1,085,687.83 CAD |
| Lot Size | 2.23 AC |
• Be a part of the fastest growing area in Rochester! • Zoned MX-S low to mid -intensity commercial • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot 1 Block 1
| Price | $2,455,040 CAD | Lot Size | 3.40 AC |
| Price Per AC | $722,070.68 CAD |
| Price | $2,455,040 CAD |
| Price Per AC | $722,070.68 CAD |
| Lot Size | 3.40 AC |
• Be a part of the fastest growing area in Rochester! • Zoned R-3 multifamily residential • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
Lot Outlot E
| Price | $4,117,603 CAD | Lot Size | 5.69 AC |
| Price Per AC | $723,656.08 CAD |
| Price | $4,117,603 CAD |
| Price Per AC | $723,656.08 CAD |
| Lot Size | 5.69 AC |
• Be a part of the fastest growing area in Rochester! • Zoned R-3 multifamily residential • Sewer, water, curb and gutter are installed in Sara Lynn Drive. • Regional storm water ponds built to handle the area's development
DESCRIPTION
Prime retail and commercial lots available in a high growth area of NW Rochester! Sewer and water installed. Curb and gutter in place. Blacktop is being placed. Grading and backfilling are un-going. Multi-family plans are underway. High traffic area requires housing, services and conveniences to support this fast growing location. Property Zoning: MXG - Mid to high-intensity commercial use MXS - Low to mid-intensity commercial use R-3 - Multifamily residential Here is a link to the recently updated Unified Development Code for the City of Rochester: https://www.rochestermn.gov/home/showpublisheddocument/36333/638084270359130000
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55th Street and 18th Avenue NW - Prime Development Lots Available
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