Estimated payment $10,649/month
Highlights
- Corner Lot
- Byron Intermediate School Rated A-
- No HOA
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,792
Lot Details
- Lot Dimensions are 1245 x 1000
- Infill Lot
- Corner Lot
- Zoning described as Residential-Multi-Family,Residential-Single Family
Community Details
- No Home Owners Association
- Byron Towne Square Subdivision
Listing and Financial Details
- Assessor Parcel Number 753311082840
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Price Changed | $1,900,000 | -20.8% | -- |
| 06/10/2024 06/10/24 | Price Changed | $2,400,000 | -17.2% | -- |
| 03/01/2024 03/01/24 | For Sale | $2,900,000 | -- | -- |
Source: NorthstarMLS
MLS Number: 6492213
- 1215 Sundance Ct NE
- 1269 Sundance Ct NE
- 1267 Sundance Ct NE
- 819 3rd St NE
- 1470 4th St NE
- 604 4th St NE
- 623 7th Ave NE
- 631 7th Ave NE
- 732 Towne Dr NE
- 744 Towne Dr NE
- 1847 4th St NE
- 1560 Brandt Dr NE
- 1053 Golf Vista Dr NE
- 1566 Brandt Dr NE
- TBD 708th St
- 695 Marcus Place NE
- 700 Shardlow Place NE
- 1830 Brandt Dr NE
- 1565 Brandt Dr NE
- 697 Shardlow Place NE
- 1075 4th St NE
- 308 9th Ave NE
- 692 Stone Haven Dr
- 642 Shardlow Ln NE
- 616 Shardlow Ln NE
- 739 Valley View Ct NE
- 4708 8th St NW
- 4458 Meadow Lakes Dr NW
- 2959 Monroe Dr NW
- 4871 Pines View Place NW
- 4275 Heritage Place NW
- 4004 5th Place NW
- 957 NW Pendant Ln
- 3690 NW 9th St
- 5623 October Rd NW
- 5340 NW 56th St
- 3955 Superior Dr NW
- 4320 Marigold Place NW
- 3620 3rd Place NW
- 3745 Technology Dr NW
Ask me questions while you tour the home.