$1,900,000

TBD 4th St NE Byron, MN 55920

Estimated payment $10,649/month

Total Views 31,953
22.83 Acres
$83,224 Price per Acre
994,475 Sq Ft Lot

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.

Listing Agent

Mark Steege

Realty Growth Inc. Listed on: 03/01/2024

Co-Listing Agent

Matt Gove

Realty Growth Inc.

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

Property Details

Property Type

Land

Est. Annual Taxes

$6,792

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Survey
  • Basement YN: No

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Water Available, Water Connected
  • Power Company: People’s Energy Cooperative

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Byron
  • SchoolDistrictPhone: 5077752383

Lot Info

  • Topography: Level
  • Waterfront YN: No
  • Lot Size: 1245 x 1000
  • Land Lease: No
  • Lot Features: Corner Lot, Infill Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly
  • All Program Acres: 0

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 753311082840
  • Tax Annual Amount: 6792
  • TaxWithAssessments: 7176

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: NorthstarMLS

MLS Number: 6492213

NorthstarMLS
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