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55th Street and 18th Avenue NW - Prime Development Lots Available 1.23 - 5.69 Acre Commercial Land Lots Offered at $1,343,542 - $4,154,928 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 | $1,823,797 CAD | Lot Size | 1.50 AC |
| Price Per AC | $1,215,864.97 CAD |
| Price | $1,823,797 CAD |
| Price Per AC | $1,215,864.97 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 | $2,432,391 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,216,195.33 CAD |
| Price | $2,432,391 CAD |
| Price Per AC | $1,216,195.33 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 | $3,179,096 CAD | Lot Size | 2.61 AC |
| Price Per AC | $1,218,044.53 CAD |
| Price | $3,179,096 CAD |
| Price Per AC | $1,218,044.53 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 | $2,430,883 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,215,441.54 CAD |
| Price | $2,430,883 CAD |
| Price Per AC | $1,215,441.54 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 | $1,343,542 CAD | Lot Size | 1.23 AC |
| Price Per AC | $1,092,310.83 CAD |
| Price | $1,343,542 CAD |
| Price Per AC | $1,092,310.83 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 | $1,390,202 CAD | Lot Size | 1.27 AC |
| Price Per AC | $1,094,647.52 CAD |
| Price | $1,390,202 CAD |
| Price Per AC | $1,094,647.52 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 | $2,443,030 CAD | Lot Size | 2.23 AC |
| Price Per AC | $1,095,529.31 CAD |
| Price | $2,443,030 CAD |
| Price Per AC | $1,095,529.31 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 | $2,477,295 CAD | Lot Size | 3.40 AC |
| Price Per AC | $728,616.07 CAD |
| Price | $2,477,295 CAD |
| Price Per AC | $728,616.07 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 | $4,154,928 CAD | Lot Size | 5.69 AC |
| Price Per AC | $730,215.83 CAD |
| Price | $4,154,928 CAD |
| Price Per AC | $730,215.83 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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