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Investment Highlights

  • Major Road Frontage
  • Residential + Commercial Potential
  • NE Rochester Growth Corridor
  • Divisible Parcel

Property Facts

Price $1,600,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 63.35 AC
Zoning Commerical & Residential - Rochester future land use plan for low-density residential and commercial/business. Current 2A Ag.

1 Lot Available

Lot

Price $1,600,000
Price Per AC $25,256.51
Lot Size 63.35 AC

63.35-ac dev land, Broadway (Hwy 63) & 48th St NE, NE Rochester. Now 2a Ag; guided low-density residential/commercial. ~35+/- developable ac.

Description

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.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41438846

  • Date on Market: 7/26/2026

  • Last Updated:

  • Address: XXX Hwy. 63 & 48th NE st, Rochester, MN 55906

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