Property Summary

  • Sale Price Contact Agent
  • Property Tax $21,042
  • Lot Size 4.76 Acres
  • Zoning R-3 Medium Density Residential

Rare opportunity to acquire a fully entitled ±4.76-acre multifamily development site in one of Rochester’s fastest-growing residential corridors. The property is approved for a 199-unit, institutional-quality apartment development featuring structured parking, modern amenities, recreation areas, EV charging infrastructure, and a diversified unit mix.

Located just minutes from Mayo Clinic campuses, major retail destinations, and West Circle Drive NW, the site offers immediate access to Rochester’s strongest employment and growth drivers. The project is positioned within a rapidly expanding residential and commercial corridor surrounded by Hy-Vee, Costco, Target, Walmart, and Mayo Clinic employment centers. Rochester continues to experience long-term housing demand fueled by Mayo Clinic’s multi-billion-dollar expansion and sustained population growth. Entitlement work, site planning, architectural concepts, and due diligence materials are available to qualified buyers.

Fully Entitled Multifamily Development

Premier NW Rochester Location

Minutes from Mayo Clinic Campuses

High-Growth Residential Corridor
R-3 Zoning

Exceptional Access & Connectivity

Proven Rochester Housing Demand

Modern, High-Density Site Design

Listing Team

Matt Gove
Matt Gove
Sales and Leasing Advisor
Realty Growth Inc.
MN #40779556
Nick Pompeian
Nick Pompeian
Commercial Real Estate Broker
Realty Growth Inc.
MN #40374114

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