Listed at
$3,846,010

tbd 31st Avenue

tbd 31st Avenue, Oronoco, MN, 55960
81.83  Acres
Days on market121
TypeLand
Est. $112,380buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

TBD 31st Avenue NW offers a versatile agricultural investment with exceptional long-term commercial and industrial development potential along the high-traffic Hwy 52 corridor in Oronoco Township, Olmsted County, Minnesota. This 81.83-acre parcel (74.10 tillable acres) delivers immediate cash-flow from productive farmland while positioned in one of Southeast Minnesota’s strongest growth corridors, minutes from Rochester and the Mayo Clinic’s multi-billion-dollar expansion. Currently leased to a long-term tenant of 35 years at $250 per tillable acre, the property generates approximately $18,525 in reliable annual income. It features predominantly well-drained and moderately well-drained soils with a strong weighted average CPI of 88.0 (including high-productivity Ostrander, Kenyon, and Terril series). A comprehensive professional Prime 81.83-acre development parcel strategically located in Oronoco Township, Olmsted County, Minnesota, just off Highway 52 near the 75th Street NW exit. This income-producing property offers immediate cash flow from agriculture plus exceptional long-term upside for commercial or industrial rezoning in one of the fastest-growing corridors in Southeast Minnesota. Positioned minutes from Rochester and directly in the path of Mayo Clinic's multi-billion-dollar Bold.Forward.Unbound. expansion, this is a high-visibility investor and corporate site selection opportunity along the Hwy 52 commercial corridor. The property sits near existing and planned commercial developments including Oronoco Crossings, making it ideal for buyers seeking land with strong rezoning potential for industrial, logistics, business park, or support-service uses. This is true working farmland with development potential - continue generating reliable income while pursuing entitlements. Strategic Location & Development Potential Direct access and high visibility along the Hwy 52 corridor near 75th Street NW Located in the active Oronoco / northern Rochester growth corridor Strong potential to pursue rezoning to commercial or industrial zoning. Three Phase electric at the road. Proximity to Oronoco Crossings mixed-use commercial development and other emerging business parks Excellent highway access for logistics, distribution, or corporate users Benefits from Mayo Clinic's $5+ billion campus expansion and Destination Medical Center (DMC) driven economic growth rippling into surrounding communities This parcel is perfectly positioned for corporate site selectors, developers, and investors looking for shovel-ready or near shovel-ready land in a proven growth market. The combination of current agricultural income, prime highway location, and powerful regional tailwinds makes this one of the most compelling land opportunities currently available in the Rochester metro area. Why This Property Stands Out for Investors & Corporations Immediate cash-flowing asset with significant appreciation and development upside Low management agricultural lease provides bridge income during rezoning/entitlement process Limited supply of well-located parcels with Hwy 52 access in the Oronoco/Rochester market Due diligence information available (soils, drainage, wetland, and mapping report) Ideal for industrial users, logistics companies, medical support services, or mixed-use developers. Olmsted County / Oronoco Township - buyers should verify rezoning potential with local planning authorities. The fundamentals strongly support commercial or industrial conversion given the location and regional demand.

Contact us

Home facts

Property typeLand
Lot size81.83 acres (1668x2333)
Days on market121
ListedMay 30, 2026
MLS #NST7083677
CountyOlmsted
Parcel #843332069282

Facts & features

Interior

Bathrooms
0

Property

Fencing
Chain Link, Wire
Lot size
81.83 acres
Lot dimensions
1668x2333
Road responsibility
Public Maintained Road
Parcel #
843332069282
Zoning
Agriculture

Construction

Property type
Land

Utilities

Utilities
Broadband Available, Cable Available, Electricity Available, None Connected, Phone Available

Community & HOA

HOA
No HOA
School district
535 - Rochester
High school district
Rochester

Financial & listing details

Annual tax
$5,492 (2025)
Listed
May 30, 2026
Days on market
121
Inclusions
None

Interior details

Total bathrooms0

Exterior & lot

Road responsibilityPublic Maintained Road
ZoningAgriculture

Utilities

Parking & garage

Financial details

Annual taxes$5,492
Tax year2025
Taxes w/ assessments5492
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District535 - Rochester
District number535
District phone5073283000
High schoolRochester
SODL flat fee brokerage
$112,380Estimated buyer credit
SODL platform fee $3,000Your buyer credit $112,380

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$21,952/mo
Principal & interest$20,212
Property taxes$458
Home insurance (est.)$1,282
%
$769,202
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

tbd 31st Avenue, Oronoco, MN, 55960

Listing information

MLS #NST7083677
StatusPending
Last updatedSep 19, 2026, 2:13 AM
Originally listedMay 30, 2026, 11:37 PM
Listing officeMidwest Home and Farm Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.