TBD 4th St NE Byron, MN 55920
Byron AreaEstimated payment $10,999/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
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Ask me questions while you tour the home.