USAMNByronByron Towne SquareTbd 4Th St Ne

$1,900,000

For Sale

2 years ago

TBD 4Th St Ne, Byron, MN

Name: TBD 4Th St Ne, For Sale in Byron - eXp Realty
Brand: Realty Growth Inc.
SKU: 6492213
Price: 1900000 USD

House

MLS® 6492213

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Land

Size -

Garage

Taxes $6,792

Days Active 681

Lot Size

Approx. Age

MLS® Number 6492213

Property Address: TBD 4th St Ne, Byron, MN, 55920

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number6492213

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 15, 2024List Date

$1,900,000List Price

Commute

Commute

Starting Address

Destination Address

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