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7th St NE - Byron Residential Development Land 22.83 Acres of Residential Land Offered at $1,900,000 in Byron, MN 55920

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INVESTMENT HIGHLIGHTS

  • Zoning: Zoned R-2, providing flexibility for various residential development types, including single-family homes and multi-family options.
  • Prime Location: 22.81 acres located between established single-family and multi-family neighborhoods, offering convenient access to infrastructure
  • High Growth Potential: Positioned to meet the increasing demand for housing in the rapidly expanding Byron community.
  • Blank Canvas: An expansive, undeveloped parcel ready for innovative planning to help shape Byron’s future growth.

EXECUTIVE SUMMARY

Unlock the potential of 22.81 acres of prime residential land, ideally located in the heart of Byron, Minnesota. Nestled between established single-family and multi-family neighborhoods, this expansive parcel is currently zoned R-2, offering a versatile foundation for a variety of residential development options. With the growing demand for housing in this thriving community, this property presents a unique opportunity to create a thoughtfully designed development that will contribute to the continued growth and vibrancy of Byron.

PROPERTY FACTS

Price $1,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Single Family Development
Total Lot Size 22.83 AC
Zoning R-2

1 LOT AVAILABLE

Lot

Price $1,900,000
Price Per AC $83,223.83
Lot Size 22.83 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
75.33.11.082840
Land Assessment
$342,200
Improvements Assessment
$0
Total Assessment
$342,200
  • Listing ID: 31094745

  • Date on Market: 3/1/2024

  • Last Updated:

  • Address: 7th St NE, Byron, MN 55920

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