$6,200,000
PENDING

Estimated payment $34,031/month

Total Views 389
117 Acres
$52,991 Price per Acre
5,096,520 Sq Ft Lot

About This Lot

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.

Listing Agent

Thomas Meilander

Edina Realty, Inc. Listed on: 07/29/2022

Edina Realty, Inc.

Co-Listing Agent

Chris Drury

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,122

Lot Details

  • Additional Parcels

Schools

  • Overland Elementary School
  • Dakota Middle School
  • John Marshall High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 741043057185

Property Details

Property Type

Land

Est. Annual Taxes

$6,122

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Utilities

  • Utilities: None Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Dakota
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Topography: Rolling
  • Lot Size: irregular
  • Land Lease: No
  • Additional Parcels Description: 741013084739,741042084738
  • Additional Parcels: Yes
  • Zoning Description: Business/Commercial,Lot
  • AssessmentPending: Unknown
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 741043057185
  • Tax Annual Amount: 6122
  • TaxWithAssessments: 6122.0000

MLS Schools

  • Elementary School: Overland
  • HighSchool: John Marshall

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $6,200,000 -- --
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6241729

NorthstarMLS