Tbd 4th Street Northeast, Byron, MN

$1,900,000

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22.83

Acres

About Tbd 4th Street Northeast

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.

Features of Tbd 4th Street Northeast

MLS® # 6492213
Price $1,900,000
Acres 22.83
Type Land
Status Active

Community Information

Address Tbd 4th Street Northeast
Subdivision Byron Towne Square
City Byron
County Olmsted
State MN
Zip Code 55920

Amenities

Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Water Available, Water Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Corner Lot, Infill Lot

School Information

District Byron

Additional Information

Days on Market 746
Zoning Residential-Multi-Family,Residential-Single Family
Foreclosure No
Short Sale No

Listing Details

OfficeRealty Growth Inc.

Listing Map

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