XXX Hwy. 63 & 48th NE st - NE Rochester Development Land 63.35 Acres of Commercial Land Offered at $2,256,160 CAD in Rochester, MN 55906

An opportunity of this scale doesn't surface often on Rochester's fast-growing northeast side. This is 63.35± acres of development ground at the hard corner of Broadway Avenue N (U.S. Highway 63) and 48th Street NE. Located in NE Rochester, this parcel will directly benefit from the growth of a city that Mayo Clinic and the Destination Medical Center initiative keep pushing outward year after year. The land is currently guided in the City's future land use plan for low-density residential and commercial/business development, and it's well positioned to deliver on either vision. Preliminary engineering identifies roughly 27.5 near-term developable acres across two workable parcels on both the north and south ends of the property. The remaining acreage is wooded hillside with rolling elevation, mature trees, and a natural buffer that offers room for future or amenity-driven development. The property currently carries an agricultural classification with modest holding costs, giving a buyer runway to plan, entitle, and phase development on their own timeline. Whether you're a residential builder hunting for lots, a developer assembling a mixed-use node, or an investor banking land in the right growth direction, the fundamentals here are difficult to replicate. Highway frontage and visibility. Genuine scale. Natural topography and tree cover. And a growth story for Rochester that is already being written all around it. Reach out today for more information.