Property profile

190 High Point Pl NE Byron, MN 55920

FOR SALE
Commercial land
Property ID
US46-1718450
0.6 ac lot Built 2022
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a thriving double drive-thru coffee and smoothie shop in Byron, Minnesota, a rapidly growing community conveniently located 5-10 minutes from Rochester. Built in 2022, this 480-square-foot establishment sits on a 0.6-acre lot (APN 753323069465) and is zoned Commercial 3a. The sale includes the real estate, business, and all equipment, offering a seamless transition for the new owner. Currently featuring a limited food menu, there's significant potential for revenue expansion. Its strategic location near McDonald's and Kwik Trip ensures high visibility and foot traffic. A small patio further enhances customer appeal, accommodating outdoor seating for pedestrians and cyclists. This one-story building offers a single unit and represents a rare chance to acquire an almost-new, fully operational business with immediate income potential. The property's double drive-thru design optimizes efficiency and customer flow, contributing to its strong performance.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2022
Lot 0.6 ac (26,092 SF)
APN 75.33.23.069465
UPID US46-1718450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

190 High Point Pl NE Byron, MN 55920
Byron metro Census 1800 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2025
Last sale
$122,500
2 recorded transactions
2025
Price N/A
2021
$122,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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