Sold
Stunning Investment Opportunity For Small Acreage Lot Development
Acreage
60.19 ±
County
Olmsted
SOLD
Address TBD Highway 14, Lot#WP001 Rochester, MN 55904
View on Google MapsDescription
Introducing an Exceptional Investment Opportunity in Rochester:
Nestled on the East side of Rochester along Highway 14, this remarkable property offers a promising venture for astute investors. It spans approximately 60 acres, roughly 38.5 acres, on the south side of Highway 14. The land on the south side of the highway has undergone a strategic rezoning to Suburban Development, presenting an idyllic canvas for crafting small-acreage lots, ideal for residential development.
Meanwhile, the northern expanse of the property holds immense potential and is poised for a myriad of possibilities. With the prospect of a residential dwelling or potential commercial rezoning complemented by neighboring parcels already designated for commercial use, this portion offers versatility for various ventures.
Adding to its allure, the property features approximately 32 acres of premium tillable land, providing a steady income stream while awaiting development. A picturesque creek meanders along the northern boundary of the Suburban Development zoned land, enhancing the natural charm and appeal of the landscape.
Rarely does such a multifaceted gem arise in the market, presenting an exceptional opportunity to diversify investment portfolios and capitalize on Rochester's burgeoning growth. Moreover, its strategic location ensures convenience, less than a 10-minute drive to the prestigious Mayo Clinic, further elevating its desirability and value.
For those seeking to seize this unparalleled opportunity, we invite you to arrange a private viewing and explore this property's boundless potential. Contact Bob today to embark on this journey toward a lucrative investment endeavor.
Details
- 38.5 acres zoned Suburban Development
- Remaining land zoned A3
- Prime location for small acreage residential development
- Tons of future potential
- 32 +/- acres tillable with Average CPI 76.6
- Quick drive to Mayo Clinic or Eyota
- Tons of wildlife sign on the property if you are looking for hunting land
- Excellent investment opportunity
Area Links
Summary
Property Type
Residential Land, Undeveloped Land, Commercial Land, Hunting Land
Land and Farm Property Types
Land - Residential, Land - Undeveloped, Agriculture - Farm
Road Frontage
State Highway, County Road
Road Surface
Pavement
Fencing
Partial
Land Details
Tillable
Improvements/Features
Small Game, Big Game
Roads
Road Frontage, Road Access
Tillable/Production Areas
Tillable, Corn, Soybeans
Wild Game
Small Game, Big Game
Land Type
Hunting and Recreational, Commercial and Development
Activities on Property
Hunting, Hiking, Horseback Riding, Family Activities
Nearby Features
Camping/Campground, Golf Course
Waterfront
Creek
Other Property Details
Coordinates
44.007188, -92.358828
Annual Taxes
$2,810
Sold Property
For more information or to see additional properties currently for sale see Bob Stalberger's listings.