2480 Scott RdRochester, MN 55901

  • Commercial land
  • 8.34 AC
For Lease

Property Details for 2480 Scott Rd

Lot size
8.34 AC
Property type
Commercial land
APN
74.28.22.087448
APU
742822087448

Description

This exceptional 1.19-acre commercial land parcel presents a unique investment opportunity in Rochester, Minnesota. Located at 2480 Scott Rd NW, 55901, this single-tenant pad site offers unparalleled visibility and accessibility. Its strategic location directly adjacent to a new Cub Foods store (opening Spring 2024) and Cub Wine & Spirits ensures high traffic and strong consumer demographics. The property benefits from its proximity to other established retailers, including Costco, Aldi, Caribou Coffee, and Starbucks, creating a vibrant and thriving commercial environment. This site is ideal for businesses seeking a high-traffic location with excellent visibility and convenient access for customers. The land is available for lease or build-to-suit options, providing flexibility for potential tenants to tailor the development to their specific needs. The property's location near the intersection of West Circle Drive and 26th St NW provides easy access for customers and employees. This is a rare opportunity to secure a prime location in a rapidly growing area of Rochester, offering significant potential for long-term growth and profitability. The site's size and location make it suitable for a variety of commercial uses, providing a strong foundation for a successful business venture. Detailed site plans and lease terms are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $221,125,296
    Hospitality
    $202,549,584
    Educational
    $168,518,880
    Medical
    $174,314,496
    Retail
    $262,140,464

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$62,116
$2,180,100
-
$2,180,100
-
$2,180,100
-
$2,180,100

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