Address
xxxx 18th Avenue NW, Rochester, MN
Price
$ 6,200,000
Property Attributes
  • ID#6241729
  • TypeLand
  • CountyOLMSTED
  • CityRochester
  • Zip55901
  • Style
  • Taxes$ 6122
  • Price$ 6,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size117 Acres
Data Source:
Northstar MLS (NSTAR)
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.

Elementary School Middle School High School
Overland Elementary School Dakota Middle School John Marshall High School
Price History
7/29/2022 Listed $6,200,000

General Features

Additional Parcels Description 741013084739, 741042084738
Additional Parcels Y/N Yes
Association Y/N No
City Rochester
Contingency None
County Olmsted
Days on Market 12
Development Status Raw Land
Directions Intersection of 55th St NW & 18th Ave NW; entire corner, 117 acres.
Elementary School Overland
High School John Marshall
High School District Rochester
Lender Owned No
Middle/Junior High School Dakota
Property Type Land
Restrictions None
Standard Status Active
Street Name 18th
Tax Annual Amount 6122
Tax Year 2021
Topography Rolling
Utilities None Connected, None Available
Zoning Description Business/Commercial, Lot

Interior Features

Street Suffix Avenue

Exterior Features

Inclusions None
Lot Dimensions irregular
Lot Size Area 117
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 55901

Price
AVG $790K
$6.2M
Taxes
AVG $1,881
$6,122
Visits
AVG 43
57

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