$3,846,010
tbd 31st Avenue NW Oronoco, MN 55960
For Sale MLS# 7083677
Other
Details for tbd 31st Avenue NW
MLS# 7083677
Description for tbd 31st Avenue NW, Oronoco, MN, 55960
TBD 31st Avenue NW offers a versatile agricultural investment with exceptional long-term commercial and industrial development potential along the high-traffic Hwy 52 corridor in Oronoco Township, Olmsted County, Minnesota. This 81.83-acre parcel (74.10 tillable acres) delivers immediate cash-flow from productive farmland while positioned in one of Southeast Minnesota’s strongest growth corridors, minutes from Rochester and the Mayo Clinic’s multi-billion-dollar expansion.Currently leased to a long-term tenant of 35 years at $250 per tillable acre, the property generates approximately $18,525 in reliable annual income. It features predominantly well-drained and moderately well-drained soils with a strong weighted average CPI of 88.0 (including high-productivity Ostrander, Kenyon, and Terril series). A comprehensive professional Prime 81.83-acre development parcel strategically located in Oronoco Township, Olmsted County, Minnesota, just off Highway 52 near the 75th Street NW exit. This income-producing property offers immediate cash flow from agriculture plus exceptional long-term upside for commercial or industrial rezoning in one of the fastest-growing corridors in Southeast Minnesota.Positioned minutes from Rochester and directly in the path of Mayo Clinic's multi-billion-dollar Bold.Forward.Unbound. expansion, this is a high-visibility investor and corporate site selection opportunity along the Hwy 52 commercial corridor. The property sits near existing and planned commercial developments including Oronoco Crossings, making it ideal for buyers seeking land with strong rezoning potential for industrial, logistics, business park, or support-service uses.This is true working farmland with development potential - continue generating reliable income while pursuing entitlements.Strategic Location & Development PotentialDirect access and high visibility along the Hwy 52 corridor near 75th Street NWLocated in the active Oronoco / northern Rochester growth corridorStrong potential to pursue rezoning to commercial or industrial zoning. Three Phase electric at the road. Proximity to Oronoco Crossings mixed-use commercial development and other emerging business parksExcellent highway access for logistics, distribution, or corporate usersBenefits from Mayo Clinic's $5+ billion campus expansion and Destination Medical Center (DMC) driven economic growth rippling into surrounding communitiesThis parcel is perfectly positioned for corporate site selectors, developers, and investors looking for shovel-ready or near shovel-ready land in a proven growth market. The combination of current agricultural income, prime highway location, and powerful regional tailwinds makes this one of the most compelling land opportunities currently available in the Rochester metro area.Why This Property Stands Out for Investors & CorporationsImmediate cash-flowing asset with significant appreciation and development upsideLow management agricultural lease provides bridge income during rezoning/entitlement processLimited supply of well-located parcels with Hwy 52 access in the Oronoco/Rochester marketDue diligence information available (soils, drainage, wetland, and mapping report)Ideal for industrial users, logistics companies, medical support services, or mixed-use developers.Olmsted County / Oronoco Township - buyers should verify rezoning potential with local planning authorities. The fundamentals strongly support commercial or industrial conversion given the location and regional demand.
Listing Information
Property Type: Lots & Land
Status: Active
Lot Size: 81.83 Acres
County: Olmsted
Days On Market: 6
School Information
District: 535 - Rochester
Elementary: Elton Hills
Middle: John Adams
High: Century
Utilities
Other Utilities: Broadband Available,Cable Available,Electricity Available,None Connected,Phone Available
Exterior / Lot Features
Lot Dimensions: 1668x2333
Crop Type: Beans,Corn
Zoning: Agriculture
Topography: Gently Rolling, Level
Fencing: Chain Link, Wire
Additional Exterior/Lot Features: Raw Land, Land Inclusions - None
Tillable Acres: 74.10
Wooded Acres: 3
Driving Directions
From St Mary's Hospital in Rochester, MN travel north on Hwy 52 5 miles, take the 75th Street Exit, turn right, take first left and property is on the left at the signs.
Financial Considerations
Covenants/Deed Restrictions: Easements, Easements-Road/Right of Way
Tax/Property ID: 843332069282
Tax Amount: 5492
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Midwest Home and Farm Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for tbd 31st Avenue NW
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby tbd 31st Avenue NW
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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