Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $6,122 (2024).

What school district is this property in?

This property is in the 535 - Rochester school district.

How long has this property been on the market?

This property was listed for 89 days.

No photos available

Pending

$6,200,000

xxxx 18th Avenue NW

xxxx 18th Avenue NW, Rochester, MN, 55901

117 Acres

Days on market89

TypeLand

Est. $183,000buyer credit when you buy with SODL

About this home

Rochester’s next exciting city expansion! 117 acres of 'prime' mixed use development. High traffic NE corner of 18th Ave NW & 55th St NW. Premium commercial availability, with high density to low density residential housing for multiple development opportunities! Incredible investment potentials, seller will consider selling in phases. Near Overland Dr NW & New Overland Elementary School, along with New Dakota Middle School. This is Rochester’s up & coming area! Adjacent to Rochester City limits. Comprehensive 'concept' plan for the area is being drafted by a leading engineering firm & available for review with qualified parties. Great opportunity to phase in commercial & residential developments to our growing city. Call for details & appointment.

Contact us

Write a message

Home facts

Property typeLand

Living area0 sqft

Lot size117 acres (irregular)

Days on market89

ListedJul 29, 2022

MLS #NST6241729

CountyOlmsted

Parcel #741043057185

Facts & features

Interior

Bathrooms: 0
Living area: 0 sqft

Property

Lot size: 117 acres
Lot dimensions: irregular
Parcel #: 741043057185
Zoning: Business/Commercial,Lot

Construction

Property type: Land

Utilities

Utilities: None Available, None Connected

Community & HOA

HOA: No HOA
School district: 535 - Rochester
High school district: Rochester

Financial & listing details

Annual tax: $6,122 (2024)
Listed: Jul 29, 2022
Days on market: 89
Inclusions: None

Interior details

Total bathrooms0

Exterior & lot

ZoningBusiness/Commercial,Lot

Utilities

Parking & garage

Financial details

Annual taxes$6,122

Tax year2024

Taxes w/ assessments6122

Assessment pendingUnknown

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District535 - Rochester

District number535

District phone5073283000

High schoolRochester

SODL flat fee brokerage

$183,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $183,000

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$35,161/mo

Principal & interest$32,584

Property taxes$510

Home insurance (est.)$2,067

Down payment

$1,240,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.