4944 280th St E 10.8 Acres of Industrial Land Offered at $995,000 in Randolph, MN 55065

EXECUTIVE SUMMARY
This standout 10.8-acre site (consisting of two parcels) (net of ROW) is actively used as productive farmland and a turnkey hobby farm, featuring a beautifully renovated two-story home with full basement, extensive outbuildings, and income-generating potential. Zoned Light Industrial, it offers a rare and flexible opportunity: continue enjoying residential/agricultural use today (including living on-site or renting the home, farming, or grazing livestock) while gradually developing sections for industrial purposes—such as outdoor storage, truck parking, or light operations—leveraging its direct adjacent to the Great Western Industrial Park.
Strategic Transitional & Income Advantages
Current Farmland/Hobby Farm Use: Approximately 6 acres of tillable farmland generate potential rental income. The property is ideal for short-term farming, livestock raising, or equestrian activities, with an automatic watering system (maintenance-free waterer) already in place for animals.
Light Industrial Zoning with Phased Development: Buyers can develop both parcels immediately or phase in commercial uses over time—utilizing open land for outdoor storage, truck/trailer parking, equipment work areas, or rail-supported operations—while retaining the home and outbuildings for personal or rental use. This "live/work/develop" setup minimizes disruption and maximizes early income.
Prime Location & Synergies: Directly abuts the Great Western Industrial Park (a growing rail-served hub with businesses like processing and trucking operations), offering seamless adjacency for industrial support activities. Excellent frontage/access on County Road 86; only 3 miles to Highway 52 for quick access to the Twin Cities (30 minutes) and Rochester (50 minutes).
Key Property Highlights
Rail Service: Direct connectivity via Union Pacific (Class I) and short-line Progressive Rail—ideal for future bulk or industrial needs.
Utilities: well serves the house and garage; existing septic system. Electrical service is off-peak configured for cost savings.
Zoning & Approvals: Light Industrial; township may require a Conditional Use Permit (CUP) for certain uses—confirm with Randolph Township.
Residential & Outbuilding Details
Two-Story Home with Full Basement: Three-bedroom, three-bathroom residence (~2,352 sq ft total, foundation size 884 sq ft) originally built in 1935 but extensively remodeled (most of the house updated).
Hardwood floors on the main level.
Close-cell foam sprayed insulation throughout walls for superior energy efficiency.
100% plumbing replaced with copper and PVC.
75% electrical replaced; 100-amp service in the house.
All new Anderson windows and 4 new exterior doors.
Basement includes in-floor heating piped (but not currently needed).
Smoke detectors and CO detectors.
Highly efficient: Only $1,200/year in propane costs.
Roof: ~15 years old; furnace: ~20 years old.
Perfect for owner-occupancy, on-site management, or rental income during transition.
Outbuildings:
Primary Shop/Garage: Total footprint includes a heated section (40' x 40' with in-floor electric heat—half insulated/heated) and unheated storage (30' x 40'). Features 10' and 8' garage doors, and additional cold storage space—excellent for workshops, vehicle/truck maintenance, or light industrial support.
Chicken Coop/Storage Building: 22’ x 50’ structure, versatile for additional storage or repurposing.
This property combines low-maintenance residential comfort, immediate agricultural income, exceptional energy efficiency, and prime industrial upside in a desirable Dakota County location—all at an attractive price with minimal taxes. A true rare find for buyers seeking flexibility and long-term value.