4th St NE, Byron, MN 55920
Property image
Property image
FOR SALE
22.83 ACRES

4th St NE
Byron, MN 55920

    $1,900,000

    Original price: $2,400,000
    Est. Mortgage $11,203/mo*

    $1,900,000

    Original price: $2,400,000
    Est. Mortgage $11,203/mo*
    (on 22.83 acres)

    Local Information

    • Map ViewExplore the area around 4th St NE.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    Unlock the potential of 22.81 acres of prime residential land in the heart of Byron, Minnesota, now offering a compelling mixed-density development opportunity. Positioned between established single-family and multi-family neighborhoods, this property is uniquely suited for a thoughtful, market-driven residential project.

    The site features dual zoning, with approximately 14.45 acres zoned R-2 and 8.36 acres recently rezoned to R-3, allowing for a higher-density residential development. This flexible zoning creates an excellent opportunity for a blended community that can incorporate a mix of housing types to meet Byron’s growing demand.

    Byron continues to experience strong residential demand due to its proximity to Rochester and the long-term economic impact of the Mayo Clinic's Bold Forward Unbound initiative. This is a rare opportunity to develop a well-located, scalable residential project in a community actively seeking new housing options.

    HIGHLIGHTS

    - Flexible Residential Zoning: Approximately 14.45 acres zoned R-2 with an additional 8.36 acres rezoned to R-3, allowing for a blended development with both moderate- and higher-density housing options.

    - Mixed-Density Development Opportunity: The combination of R-2 and R-3 zoning supports a thoughtful mix of housing types, aligning well with Byron’s growing need for diverse residential products.

    - Strong Housing Demand: Byron continues to experience increasing demand for housing, driven by steady population growth and limited available inventory.

    - Prime Infill Location: 22.81 acres situated between established single-family and multi-family neighborhoods, with access to existing utilities and infrastructure.

    - Proximity to Rochester & Mayo Clinic: Conveniently located near Rochester and the long-term economic growth tied to the Mayo Clinic’s Bold Forward Unbound initiative.

    - Development-Ready Site: A largely undeveloped parcel offering a blank canvas for developers to design a project that complements and supports Byron’s continued growth.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 4th St NE

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Water Available, Water Connected
    Gas & Electric
    Electric: Power Company: People’s Energy CooperativeHas Electric on Property
    View
    No View

    Exterior Features

    Frontage
    Road Frontage: City Street, Curbs, Street Lights, Storm SewerResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
    Surface & Elevation
    Topography: Level

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: SurveyParcel Number: 753311082840

    Price & Status

    Price
    List Price: $1,900,000

    Location

    Direction & Address
    City: ByronCommunity: Byron Towne Square
    School Information
    High School District: Byron

    Agent Information

    Listing Agent
    Listing ID: 6492213

    Community

    Community Features: No

    HOA

    No HOAHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 22.83 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 6492213

    Additional Information

    No
    Last check for updates: about 11 hours ago
    Listing courtesy of Mark Steege, (507) 951-1977
    Realty Growth Inc.
    Matt Gove, (507) 951-1147
    Source: NorthstarMLS as distributed by MLS GRID, MLS#6492213

    Market trends in Byron

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    57
    1
    MoM

    Price History for 4th St NE

    DatePriceEventSource
    02/26/2025$1,900,000PriceChange
    NorthstarMLS as distributed by MLS GRID #6492213
    06/10/2024$2,400,000PriceChange
    NorthstarMLS as distributed by MLS GRID #6492213
    03/01/2024$2,900,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6492213

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    Comparable Sales for 4th St NE

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.50
    Lot/Land
    $101,850
    04/30/26
    -
    -
    0.50
    Lot/Land
    $105,000
    04/08/26
    -
    -
    0.50
    Lot/Land
    $105,000
    08/20/25
    -
    -
    0.50
    Lot/Land
    $100,000
    04/20/26
    -
    -
    0.50
    Lot/Land
    $623,500
    01/27/26
    -
    -
    0.50
    Lot/Land
    $95,000
    06/18/26
    -
    -
    0.50
    Lot/Land
    $86,000
    04/22/26
    -
    -
    0.50
    Lot/Land
    $408,860
    12/18/25
    -
    -
    0.50
    Lot/Land
    $90,000
    04/28/26
    -
    -
    0.50
    Lot/Land
    $610,200
    07/15/25
    -
    -

    Nearby homes

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    What Locals Say about Byron

    At least 14 Trulia users voted on each feature.
    • 100 % Say parking is easy

    • 95 % Say it's dog friendly

    • 83 % Say car is needed

    • 80 % Say kids play outside

    • 79 % Say there's holiday spirit

    • 79 % Say yards are well-kept

    • 79 % Say people would walk alone at night

    • 71 % Say they plan to stay for at least 5 years

    • 65 % Say there are sidewalks

    • 59 % Say neighbors are friendly

    • 47 % Say it's walkable to grocery stores

    • 44 % Say streets are well-lit

    • 43 % Say it's walkable to restaurants

    • 43 % Say it's quiet

    • 37 % Say there are community events

    • 21 % Say there's wildlife

    Sourced by Trulia users. Learn more about our methodology.
    • Julie Watson
      "There are many sidewalks and paths to walk on with your furry friends! People control their pets and pick up after them as well. People will stop and talk and let the dogs play together sometimes. This neighborhood is very walkable and is safe to do so in."
    • Angela B.
      "There is a leash law for all dogs outside of the house. Lots of sidewalks for walking and jogging. It’s great here."
    • Darrylbarnesmd
      "Byron is a relatively small and loosely knit bedroom community. Oxbow Park and Somerby Golf course are the two things that are available for entertainment. "
    • Jane F.
      "I drive to work everyday. Takes me 15 minutes to get to work. Very easy to get into Rochester from Byron."
    • Klemms
      "Meeting neighbors st the mailbox, grocery store or gas station. I feel completely safe and would walk anywhere in town! "
    • Alexandracamberos
      "My boyfriend is from Byron. He’s lived here all his life. I’m from Missouri where he moved too after college. It’s a very nice area. I would move here in a heartbeat "
    • Wendy E.
      "Great schools ! Quiet streets and safe neighborhoods. "

    LGBTQ Local Legal Protections

    Mark Steege, Realty Growth Inc.
    Agent Phone: (507) 951-1977
    Based on information submitted to the MLS GRID as of 2026-07-14 11:48:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
    4th St NE, Byron, MN 55920 is a lot/land. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Mar 1, 2024. The MLS # for this home is MLS# 6492213.