4501 40th Street SW, Rochester, MN 55902
$7,300,000
Property Type:
Land
Lot Size (sq. ft.):
13,738,824
Status:
Closed
Current Price:
$7,300,000
List Date:
12/20/2022
Last Modified:
6/03/2025
Overview
Description
Listing Details MLS# 6318214
General Property Information
- Comp Sale YN
- No
- Development
- No
- Drainage
- Natural Type
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Lot Dimensions
- 2612x5199x2615x5267
- Acres
- 315.4
- Association Fee
- 0
Property Features
Available Utilities:
None Connected
Development Status:
Site Plan Approved
Existing Financing:
Conventional
Financing Terms:
Conventional
Improvements:
None
Land Inclusions:
Abstract; Platted; Soil Test Available; Survey; Survey Stakes; Topographic Map
Sellers Terms:
Cash; Conventional
Topography:
Rolling
Contract Information
- Off Market Date
- 2023-04-17
- Contingency
- None
- Closed Date
- 2023-04-21
- Original List Price
- 7885000
- Sales Close Price
- 7300000
- ListPrice
- 7885000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 4501
- Street Name
- 40th
- Street Suffix
- Street
- Street Direction Suffix
- SW
- Postal City
- Rochester
- County
- Olmsted
- State
- MN
- Zip Code
- 55902
Assessments
- Tax With Assessments
- 18111
- Assessment Balance
- 0
Builder Information
- Builder Restrictions
- Open
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 14
- Section#
- 20
- Township#
- 106
Office/Member Info
- Association
- SEMR
- MLSID
- RMLS
Location, Tax and Other Information
- AssocFeeYN
- No
- Elementary School
- Bamber Valley
- High School
- Mayo
- Listing City
- Rochester
- Map Page
- 999
- Middle School
- Willow Creek
- Municipality
- Rochester Twp
- Rental License?
- No
- School District
- Rochester
- School District Phone
- 507-328-3000
- Zip Plus 4
- 1267
- Property ID Number
- 642034041898
- Tax Year
- 2022
- Tax Amount
- 18111
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- This extremely desirable 315.4+/- acre property is ready to be developed with gorgeous large lot homesites. This property has preliminary GDP approval and is ready to begin site improvements. This property offer beautiful large wooded areas full of Royal Oak trees and a creek. When developed this property will offer some of the most desirable large lot home sites in the Rochester area. Only minutes from schools, shopping and downtown Rochester, you don't want to miss this great opportunity.
- Directions
- Bamber Valley Road SW South to 40th St SW turn West.
Development Status
- Site Plan Approved
- Yes
Existing Financing
- Conventional
- Yes
Financing Terms
- Conventional
- Yes
Insurance Fee
- Insurance Fee
- 0
Restriction/Covenants
- None
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Topography
- Rolling
- Yes
Available Utilities
- None Connected
- Yes
Improvements
- None
- Yes
Land Inclusions
- Abstract
- Yes
- Platted
- Yes
- Soil Test Available
- Yes
- Survey
- Yes
- Survey Stakes
- Yes
- Topographic Map
- Yes
Listing Office:
Re/Max Results
Last Updated: June - 03 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.