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41st St NW - 41 St NW Multifamily Development Land

18.52 Acres of Commercial Land Offered at £5,398,905 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 £5,398,905
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

1 Lot Available

Lot

Price £5,398,905
Price Per AC £291,489
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

PROPERTY TAXES

Parcel Number
74.16.33.070943
Land Assessment
£538,326
Improvements Assessment
£0
Total Assessment
£538,326

zoning

Zoning Code MX-S (Mixed use streets. Zoning on east & west is R-3.)
MX-S (Mixed use streets. Zoning on east & west is R-3.)
  • Listing ID: 21258235

  • Date on Market: 17/10/2020

  • Last Updated:

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

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