$6,200,000
Rochester, MN 55901
MLS# 6241729
Status: Pending
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Property Description
Rochester’s next exciting city expansion! 117 acres of 'prime' mixed use development. High traffic NE corner of 18th Ave NW & 55th St NW. Premium commercial availability, with high density to low density residential housing for multiple development opportunities! Incredible investment potentials, seller will consider selling in phases. Near Overland Dr NW & New Overland Elementary School, along with New Dakota Middle School. This is Rochester’s up & coming area! Adjacent to Rochester City limits. Comprehensive 'concept' plan for the area is being drafted by a leading engineering firm & available for review with qualified parties. Great opportunity to phase in commercial & residential developments to our growing city. Call for details & appointment.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Pending
Off Market Date: 2022-10-26
Contingency: None
Current Price: $6,200,000
Original List Price: 6200000
ListPrice: 6200000
List Date: 2022-07-29
Office/Member Info
Association: SEMR
MLSID: RMLS
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Waterfront Present: No
Zoning: Business/Commercial, Lot
Lot Dimensions: irregular
Acres: 117
Association Fee: 0
Assessment Pending: Unknown
Location, Tax and Other Information
AssocFeeYN: No
Elementary School: Overland
High School: John Marshall
Legal Description: SECT-10 TWP-107 RANGE-014 37.73 AC SW1/4 SE1/4 LESS S75FT SEC 10-107-14
Listing City: Rochester
Map Page: 999
Middle School: Dakota
Municipality: Rochester
Rental License?: No
School District: Rochester
School District Phone: 507-328-3000
Map Coordinate Source: RETS
Zip Plus 4: 2109
Property ID Number: 741043057185
Tax Year: 2024
Tax Amount: 6122
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Rochester’s next exciting city expansion! 117 acres of 'prime' mixed use development. High traffic NE corner of 18th Ave NW & 55th St NW. Premium commercial availability, with high density to low density residential housing for multiple development opportunities! Incredible investment potentials, seller will consider selling in phases. Near Overland Dr NW & New Overland Elementary School, along with New Dakota Middle School. This is Rochester’s up & coming area! Adjacent to Rochester City limits. Comprehensive 'concept' plan for the area is being drafted by a leading engineering firm & available for review with qualified parties. Great opportunity to phase in commercial & residential developments to our growing city. Call for details & appointment.
Directions: Intersection of 55th St NW & 18th Ave NW; entire corner, 117 acres.
Additional Parcels Information
Property ID #2: 741013084739
Property ID #3: 741042084738
Assessments
Assessment Balance: 0
Tax With Assessments: 6122
Builder Information
Builder Restrictions: Open
Development Status
Raw Land: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Monthly Land Lease Amt: 0
Lock Box Type
None: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 14
Section#: 10
Township#: 107
Restriction/Covenants
None: 1
Topography
Rolling: 1
Available Utilities
None Connected: 1
Improvements
None: 1
Land Inclusions
None: 1
Location Tax and Other Information
House Number: xxxx
Street Name: 18th
Street Suffix: Avenue
Street Direction Suffix: NW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55901
Property Features
Available Utilities: None Connected
Development Status: Raw Land
Improvements: None
Land Inclusions: None
Lock Box Type: None
Topography: Rolling
Listing Office: Edina Realty, Inc.
Last Updated: March - 24 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
