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    1011 Tompkins Dr Byron, MN 55920

    Sponsored
    For Sale
    Contact for pricing

    Modern 6,095 SF commercial space in Byron, MN.

    Property size:
    6,095 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 1011 Tompkins Drive NE in Byron, Minnesota, presents a unique opportunity for lease or sale. Built in 2006, the building boasts 6,095 square feet of versatile office space, perfectly suited for a variety of businesses. The flexible layout allows for easy demising, accommodating diverse needs from office spaces to retail or medical practices. Adding to its functionality is an additional 2,014 square feet of canopy space, providing ample covered area. Situated on a generous 1.88-acre lot, the property offers extensive parking for employees and customers. Its prime location in Byron, a rapidly growing town just minutes from Rochester, MN, provides excellent access to major highways and a thriving economy. The property's proximity to Byron Middle School and City Hall further enhances its visibility and accessibility. This is an ideal opportunity for businesses seeking a modern, adaptable space in a strong, community-oriented location with easy access to Rochester's expanding economic landscape. The building's design and layout are conducive to creating an inclusive environment for all tenants. The property is available for both lease and sale, offering flexibility to prospective buyers and renters.

    Property Features for 1011 Tompkins Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,095 SF
    Lot Size
    81,893 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    First Alliance Credit ... Credit Union First Alliance Credit ... Atm

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Byron
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.62747
    Latitude
    44.03459

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    FAQs

    What type of property is this?
    Commercial real estate - Modern 6,095 SF commercial space in Byron, MN.
    Where is this commercial real estate located?
    The property is located at 1011 Tompkins Dr Byron, MN.
    What is the asking price?
    The asking price for this property is $16.
    (507) 289-8000
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    1011 Tompkins Dr Byron, MN 55920
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    Byron, MN 55920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011 Tompkins Dr Byron, MN 55920
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