0 4Th St Byron, MN 55920
This exceptional 22.83-acre parcel presents a remarkable opportunity for residential development in the thriving community of Byron, Minnesota. Situated conveniently between existing single-family and multi-family neighborhoods along 4th St NE and 7th St NE, this property offers unparalleled potential. The land is zoned R-2, allowing for a variety of residential construction options to meet the area's growing housing demand. Utilities are available on-site, although not currently connected, simplifying the development process. The property's expansive size and prime location make it an ideal investment for builders seeking to contribute to Byron's continued expansion. The APN is 753311082840. This Olmsted County land, located at 4th St NE, Byron, MN 55920 (latitude 44.0344523, longitude -92.6193664), is offered at an asking price of $2,400,000. The rapid growth of Byron makes this a highly attractive investment with significant long-term potential. This is a chance to create a thriving residential community in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.