For Sale: Rochester MLS# 7102324
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
A premier opportunity to acquire three combined parcels totaling ~1.43 acres of L-1 (Light Industrial) land just minutes from downtown. Fully fenced with a secure front gate and graveled throughout, this property is functional from day one.
The site currently produces approximately $3, 000/month in secure storage rental income, providing immediate cash flow for investors or holding income for developers. Boasting an ideal central location, the property provides rapid, convenient access to Broadway, Highway 52, Highway 63, and Highway 14. Perfect for an owner-user looking to expand or a developer seeking a high-visibility industrial footprint.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$511,200
Property Type:
Lot/Land
City:
Rochester
County:
Olmsted
State:
MN
Property Style:
Lot/Land
Zip Code:
55904
Subdivision Name:
Golden Hill Indust
Exterior
Fencing:
Chain Link
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.43
Geolocation:
43.997373, -92.457047
Inclusions:
Survey
Lot Dimensions:
285 x 201 x 275 x 200
Addl Parcels:
641232008495, 641232064805
Restrictions:
Open
Zoning:
Industrial
Farm
Topography:
Level
Schools
School District:
535
District Phone:
5073283000
Elementary School:
Ben Franklin
Middle School:
Willow Creek
High School:
Mayo
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$12,120
Lender-owned:
Not Disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$12,120
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Rough Grade
Improvements:
Fence
Available Utilities:
- Electricity Available
- Natural Gas Available
- None Connected
- Sewer Available
- Water Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Realty Growth 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.