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.
Active
$1,900,000
4th St NE, Byron, MN 55920
--beds
--baths
22.83Acres
Unimproved Land
Built in ----
22.83 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime infill locationLargely undeveloped parcel
- 770 days |
- 39 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 11:05am
Listed by:
Mark Steege 507-951-1977,
Realty Growth Inc.,
Matt Gove 507-951-1147
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6492213
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 22.83 Acres
- Dimensions: 1245 x 1000
- Features: Corner Lot, Infill Lot
- Topography: Level
Details
- Parcel number: 753311082840
- Zoning description: Residential-Multi-Family,Residential-Single Family
Utilities & green energy
- Electric: Power Company: People’s Energy Cooperative
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Water Available, Water Connected
Community & HOA
Community
- Features: No
- Subdivision: Byron Towne Square
HOA
- Has HOA: No
Location
- Region: Byron
Financial & listing details
- Annual tax amount: $6,792
- Date on market: 3/1/2024
- Inclusions: Survey
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Price change | $1,900,000-20.8% |
Source: | ||
| 6/10/2024 | Price change | $2,400,000-17.2% |
Source: | ||
| 3/1/2024 | Listed for sale | $2,900,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55920
Nearby schools
GreatSchools rating
- 9/10Byron Elementary SchoolGrades: 3-5Distance: 0.5 mi
- 7/10Byron Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10Byron Senior High SchoolGrades: 9-12Distance: 2 mi
Local experts in 55920
- Minnesota
- Olmsted County
- Byron
- 55920
- 4th St NE





