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.