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    Property profile & analytics

    Byron, MN 55920

    • Commercial land
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 16, 2023
    $690,000
    Location Intelligence
    Property ID
    US46-1741778
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details

    Lot size
    0.24 lot acres
    Property type
    Commercial land
    APN
    75.32.23.077138
    APU
    753223077138

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Byron
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.6542
    Latitude
    44.0297
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,608
    $30,800
    $0.00
    $30,800
    -
    $30,800
    $0.00
    $30,800

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      Byron, MN 55920

      VACANT COMMERCIAL LAND • 0.02 Acres
      Byron, MN 55920
      View Details
    • Value Estimation by Request
      0.29 Acres

      Byron, MN 55920

      VACANT COMMERCIAL LAND • 0.29 Acres
      Byron, MN 55920
      View Details
    • Value Estimation by Request
      0.04 Acres

      Byron, MN 55920

      VACANT COMMERCIAL LAND • 0.04 Acres
      Byron, MN 55920
      View Details
    • Value Estimation by Request
      5.51 Acres

      Byron, MN 55920

      VACANT COMMERCIAL LAND • 5.51 Acres
      Byron, MN 55920
      View Details
    • Value Estimation by Request
      0.11 Acres

      403 Frontage NE Rd

      VACANT COMMERCIAL LAND • 0.11 Acres
      403 Frontage NE Rd, Byron, MN 55920-1617
      View Details
    • Value Estimation by Request
      2.58 Acres

      Byron, MN 55920

      VACANT COMMERCIAL LAND • 2.58 Acres
      Byron, MN 55920
      View Details

    Similar Nearby for Sale

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      Highway 14 Land Opportunity

      Highly visible land in Byron, MN with highway access.
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    • $5,100,000
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      Land in Expanding Rochester Area

      16.6 acres suitable for commercial or residential development.
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      Commercially Zoned Land in Byron

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      Byron Residential Land Development

      22.83 Acres, R-2 Zoned, Prime Location
      0 4Th St, Byron, MN 55920
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    • $139,900
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      Residential Land in Byron, MN

      Homesite in Byron School District, Rochester border, suitable for building.
      6339 Paint Rd NW, Byron, MN 55920
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    • $139,900
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      Premium Lot in Somerby Golf

      Residential lot in prestigious golf community, near Rochester, MN.
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    Similar Nearby for Lease

    • $14 SF/Yr
      1,200 SF

      Retail Space in Byron, MN

      Retail space available for lease in Byron, Minnesota.
      1067 4Th St NE, Byron, MN 55920
      View Details
    • $16 SF/Yr
      6,095 SF

      Byron, MN Office Space for Lease

      Modern Office Building, Flexible Layout
      1011 Tompkins Dr, Byron, MN 55920
      View Details
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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
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