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50th Ave @ Valleyhigh Drive NW
Rochester, MN 55901 North Rochester

Price Upon Request

Land For Sale  •  39.58 AC

Property Details

  • Property Type Land
  • Lot Size 39.58 AC
  • Zoning R-3
0 Transit Score
3 Walk Score

Description

Rochester is an exceptionally stable market anchored by the #1 hospital in the world, the Mayo Clinic. Mayo employs over 42,000 at the Rochester Campus and brings in well over 1 million visitors annually. Mayo's steady & strong growth over the past several decades has made Rochester an institutional quality real estate investment marketplace. And the future is also bright, with Mayo recently commencing construction on a $5 Billion expansion to its Rochester campus known as Bold. Forward. Unbound!, a plan to build the hospital of the future. Prairie Ridge is a premier multi-family site in NW Rochester adjacent to W Circle Drive commercial corridor and minutes from the Mayo Clinic. The site is located along Valleyhigh Drive NW at 50th Avenue, between W Circle Drive and the new 60th Avenue which connects to HWY 14 W. Key area retailers and employers include, Costco, Mayo Clinic, HyVee, Cub Foods, Starbucks, McDonalds, Five West, Tap House, IBM, Western Digital, and multiple banks, daycares, service and convenience retailers.

Highlights

Zoned R-3 for maximum density multi-family, with adjacent mix of R-2 and For Sale Product
Strong rental market and growth outlook
$5 billion expansion of Mayo Clinic underway less than 5 miles from site
Directly adjacent to amenities and transportion
Limited supply of utility connected and entitled land in market

Property Flyers

Public Transportation

AirportDriveWalkDistance
Rochester International 19 min - 13.3 mi
Jeff Brown 952-607-7886 North Rock Real Estate, LLC
Jeff Brown 952-607-7886 North Rock Real Estate, LLC