Listed at
$1,900,000

Byron Towne Square

TBD 4th Street Northeast, Byron, MN, 55920
22.83  Acres
Days on market941
TypeLand
Est. $54,000buyer credit when you buy with SODL
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About this home

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.

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Home facts

Property typeLand
Lot size22.83 acres (1245 x 1000)
Days on market941
ListedMar 1, 2024
MLS #NST6492213
CountyOlmsted
SubdivisionByron Towne Square
Parcel #753311082840

Facts & features

Interior

Bathrooms
0

Property

Lot size
22.83 acres
Lot dimensions
1245 x 1000
Lot features
Corner Lot, Infill Lot
Road frontage
City Street, Curbs, Paved Streets, Street Lights, Storm Sewer
Road responsibility
Public Maintained Road
Parcel #
753311082840

Construction

Property type
Land

Utilities

Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Water Available, Water Connected

Community & HOA

Subdivision
Byron Towne Square
HOA
No HOA
School district
531 - Byron
High school district
Byron

Financial & listing details

Annual tax
$6,792 (2025)
Tax with assessments
7176
Listed
Mar 1, 2024
Days on market
941
Inclusions
Survey

Interior details

Total bathrooms0

Exterior & lot

Lot featuresCorner Lot, Infill Lot
Road frontageCity Street, Curbs, Paved Streets, Street Lights, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Multi-Family,Residential-Single Family

Utilities

Parking & garage

Financial details

Annual taxes$6,792
Tax year2025
Taxes w/ assessments7176
Assessment pendingUnknown
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District531 - Byron
District number531
District phone5077752383
High schoolByron
SODL flat fee brokerage
$54,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $54,000

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

$11,185/mo
Principal & interest$9,985
Property taxes$566
Home insurance (est.)$633
%
$380,000
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 4th Street Northeast, Byron, MN, 55920

Listing information

MLS #NST6492213
StatusActive
Last updatedMay 29, 2026, 7:53 PM
Originally listedMar 1, 2024, 11:45 AM
Listing officeRealty Growth Inc.
Co-listing officeRealty Growth Inc.

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.