1420 Voll NW Dr Byron, MN 55920-1578
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.