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$ 1,900,000
Est. payment /mo
Active
TBD 4th Street Northeast Byron, MN 55920
22.83 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Byron Towne Square
MLS Listing ID 6492213
Annual Tax Amount $6,792
Tax Year 2025
Contingent None
Lot Size 22.830 Acres
Lot Dimensions 1245 x 1000
Property Description
Unlock the potential of 22.81 acres of prime residential land in the heart of Byron, Minnesota, now offering a compelling mixed-density development opportunity. Positioned between established single-family and multi-family neighborhoods, this property is uniquely suited for a thoughtful, market-driven residential project.
The site features dual zoning, with approximately 14.45 acres zoned R-2 and 8.36 acres recently rezoned to R-3, allowing for a higher-density residential development. This flexible zoning creates an excellent opportunity for a blended community that can incorporate a mix of housing types to meet Byron's growing demand.
Byron continues to experience strong residential demand due to its proximity to Rochester and the long-term economic impact of the Mayo Clinic's Bold Forward Unbound initiative. This is a rare opportunity to develop a well-located, scalable residential project in a community actively seeking new housing options.
HIGHLIGHTS
- Flexible Residential Zoning: Approximately 14.45 acres zoned R-2 with an additional 8.36 acres rezoned to R-3, allowing for a blended development with both moderate- and higher-density housing options.
- Mixed-Density Development Opportunity: The combination of R-2 and R-3 zoning supports a thoughtful mix of housing types, aligning well with Byron's growing need for diverse residential products.
- Strong Housing Demand: Byron continues to experience increasing demand for housing, driven by steady population growth and limited available inventory.
- Prime Infill Location: 22.81 acres situated between established single-family and multi-family neighborhoods, with access to existing utilities and infrastructure.
- Proximity to Rochester & Mayo Clinic: Conveniently located near Rochester and the long-term economic growth tied to the Mayo Clinic's Bold Forward Unbound initiative.
- Development-Ready Site: A largely undeveloped parcel offering a blank canvas for developers to design a project that complements and supports Byron's continued growth.
The site features dual zoning, with approximately 14.45 acres zoned R-2 and 8.36 acres recently rezoned to R-3, allowing for a higher-density residential development. This flexible zoning creates an excellent opportunity for a blended community that can incorporate a mix of housing types to meet Byron's growing demand.
Byron continues to experience strong residential demand due to its proximity to Rochester and the long-term economic impact of the Mayo Clinic's Bold Forward Unbound initiative. This is a rare opportunity to develop a well-located, scalable residential project in a community actively seeking new housing options.
HIGHLIGHTS
- Flexible Residential Zoning: Approximately 14.45 acres zoned R-2 with an additional 8.36 acres rezoned to R-3, allowing for a blended development with both moderate- and higher-density housing options.
- Mixed-Density Development Opportunity: The combination of R-2 and R-3 zoning supports a thoughtful mix of housing types, aligning well with Byron's growing need for diverse residential products.
- Strong Housing Demand: Byron continues to experience increasing demand for housing, driven by steady population growth and limited available inventory.
- Prime Infill Location: 22.81 acres situated between established single-family and multi-family neighborhoods, with access to existing utilities and infrastructure.
- Proximity to Rochester & Mayo Clinic: Conveniently located near Rochester and the long-term economic growth tied to the Mayo Clinic's Bold Forward Unbound initiative.
- Development-Ready Site: A largely undeveloped parcel offering a blank canvas for developers to design a project that complements and supports Byron's continued growth.
Location
State MN
County Olmsted
Zoning Residential-Multi-Family,Residential-Single Family
Interior
Inclusions Survey
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Water Available, Water Connected
Building
Lot Description Corner Lot, Infill Lot
Schools
School District Byron
Others
Restrictions Open
Listed by Mark Steege • Realty Growth Inc.
NEARBY SCHOOL & BUSINESS
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