Pending: Rochester MLS# 6241729
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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.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$6,200,000
Property Type:
Lot/Land
City:
Rochester
County:
Olmsted
State:
MN
Property Style:
Lot/Land
Zip Code:
55901
Lot & Land
Acres:
117
Geolocation:
44.0808374813, -92.4877700166
Inclusions:
None
Lot Dimensions:
Irregular
Addl Parcels:
741013084739, 741042084738
Restrictions:
None
Zoning:
- Business/Commercial
- Lot
Farm
Topography:
Rolling
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Overland
Middle School:
Dakota
High School:
John Marshall
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$6,122
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,122
Association Fee Required:
No
Association Fee:
None
Land Lease Amount:
0
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- None Available
- None Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.