41st St NW - 41 St NW Multifamily Development Land 18.52 Acres of Commercial Land Offered at $6,900,000 in Rochester, MN 55901

INVESTMENT HIGHLIGHTS

  • Over 18.5 acres of land
  • Easy access to County 22 or Highway 52
  • suitable for townhomes, senior, multi-family, office or retail
  • many services nearby. Great opportunity for a single or multiple-phase project.

PROPERTY FACTS

Price $6,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Building Class C
Total Lot Size 18.52 AC
Zoning MX-S - Mixed use streets. Zoning on east & west is R-3.

1 LOT AVAILABLE

Lot

Price $6,900,000
Price Per AC $372,534.27
Lot Size 18.52 AC

Five separate parcels that combine for over 18.5 acres.

DESCRIPTION

Over 18.5 acres of land, suitable for townhouse, senior, multi-family, office or retail. Easy access to County 22 or Highway 52 with many services nearby. Great opportunity for a single or multiple-phase project. Property has recently been approved to develop 187 townhomes with a developer.

PROPERTY TAXES

  • Listing ID: 21258235

  • Date on Market: 10/17/2020

  • Last Updated:

  • Address: 41st St NW, Rochester, MN 55901