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  • $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
    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.
    770 days
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    39
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    0
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    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#: 6492213MLS Logo

      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
        DateEventPrice
        2/26/2025Price change$1,900,000-20.8%
        Source: NorthstarMLS as distributed by MLS GRID #6492213 Report a problem
        6/10/2024Price change$2,400,000-17.2%
        Source: NorthstarMLS as distributed by MLS GRID #6492213 Report a problem
        3/1/2024Listed for sale$2,900,000
        Source: NorthstarMLS as distributed by MLS GRID #6492213 Report a problem

        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

        Getting around

        11 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 55920

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