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Property profile & analytics
OFF-MARKET
Commercial land

1420 Voll NW Dr Byron, MN 55920-1578

3.4 ac lot
Entity Owned 8-yr Hold Free & Clear
Property ID
US46-0987991
Property summary
AI-generated overview

This exceptional 4.32-acre commercial/industrial land parcel in Byron, MN, presents a unique investment opportunity. Located at 1420 Voll Dr NW, this Olmsted County property (APN 753123068516, 753123068522) is zoned for commercial use and offers significant advantages. The land is completely leveled and ready for immediate construction, saving time and money on site preparation. Essential utilities—including gas, electricity, water, sewer, and communication lines—are already stubbed to the lot, streamlining the development process. Its strategic location, just eight miles from Rochester, MN, provides easy access to major business centers and amenities, ensuring high visibility and convenient transportation via highway access. This high-demand location, coupled with the build-ready site and robust infrastructure, makes it ideal for various commercial enterprises, including industrial development, manufacturing facilities, or distribution centers. The strong local economy and high-visibility location further enhance the property's investment potential. Priced at $1,500,000, this is a rare chance to acquire a prime commercial land asset in a thriving Minnesota community. The property's exceptional features and strategic location make it an attractive proposition for businesses seeking a cost-effective and efficient development site.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.4 ac (148,060 SF)
APN 75.31.23.068516
UPID US46-0987991
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
A & J Storage Byron LLC · 8 yrs held
A & J Storage Byron LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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