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 Maps

Description

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

Summary

Roads

Road Frontage, Road Access

Fencing

Partial

Land Type

Hunting and Recreational, Commercial and Development

Wild Game

Small Game, Big Game

Waterfront

Creek

Land Details

Tillable

Road Surface

Pavement

Property Type

Residential Land, Undeveloped Land, Commercial Land, Hunting Land

Road Frontage

State Highway, County Road

Nearby Features

Camping/Campground, Golf Course

Improvements/Features

Small Game, Big Game

Activities on Property

Hunting, Hiking, Horseback Riding, Family Activities

Tillable/Production Areas

Tillable, Corn, Soybeans

Land and Farm Property Types

Land - Residential, Land - Undeveloped, Agriculture - Farm

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.

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