tbd 31st Avenue NW, Oronoco, MN 55960

New Listing
$3,846,010
Property Type: Land Lot Size (sq. ft.): 3,564,515 Status: Active
Current Price: $3,846,010 List Date: 5/31/2026 Last Modified: 5/31/2026

Overview

Description

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. Current Income & Agricultural Features 74.10 tillable acres currently leased at $250 per acre ($18,525+ annual income) Same tenant for 35 years under a fl ...

Listing Details MLS# 7083677

General Property Information

Comp Sale YN
No
Development
No
Drainage
Natural Type
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Waterfront Present
No
Yearly/Seasonal
Yearly
Zoning
Agriculture
Lot Dimensions
1668x2333
Acres
81.83
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Broadband Available; Cable Available; Electricity Available; None Connected; Phone Available Crop Type: Beans; Corn Development Status: Raw Land Fencing: Chain Link; Wire Improvements: Fence Internet Options: Cable; DSL; Fiber Optic; Satellite Land Inclusions: None Lock Box Type: None Property SubType: Acreage; Agricultural Land Road Responsibility: Public Maintained Road Sale Options: Sell Entirely; Will Divide Sellers Terms: Cash; Conventional Topography: Gently Rolling; Level

Contract Information

Contingency
None
Original List Price
3846010
ListPrice
3846010
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
tbd
Street Name
31st
Street Suffix
Avenue
Street Direction Suffix
NW
Postal City
Oronoco
County
Olmsted
State
MN
Zip Code
55960

Acreage Information

Taxable Acres
81
Tillable Acres
74.1
Wooded Acres
3
Pasture Acres
0

Assessments

Tax With Assessments
5492
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Dimension Information

Lot Size Min
40

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
14
Section#
33
Township#
108

Office/Member Info

Association
SEMR

Location, Tax and Other Information

AssocFeeYN
No
Fire Number
tbd
High School
Century
Legal Description
SECT-33 TWP-108 RANGE-014 81.83 AC S20A NW1/4 & TH PT N1/2 SW1/4 E OF RD LESS TH PT DESIGNATED DES AS PARCEL NO 325 ON R-O-W MAP NO 55-20 ALSO LESS PARCELS SHOWN AS 425 ON MN DOT ROW PLATS 55-64 AND 55-66 SEC 33-108-14
Listing City
Oronoco
Map Page
999
Municipality
Oronoco
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
9538
Property ID Number
843332069282
Tax Year
2025
Tax Amount
5492
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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. Current Income & Agricultural Features 74.10 tillable acres currently leased at $250 per acre ($18,525+ annual income) Same tenant for 35 years under a flexible year-to-year lease (paid annually) Excellent soil productivity - Weighted average CPI of 88.0 Predominantly well-drained and moderately well-drained soils (Ostrander, Kenyon, Terril series) (field report completed (soils, drainage, wetlands, FSA, plat, and aerial mapping) no drain tile on this farm. This is true working farmland with development potential - continue generating reliable income while pursuing entitlements. Strategic Location & Development Potential Direct access and high visibility along the Hwy 52 corridor near 75th Street NW Located in the active Oronoco / northern Rochester growth corridor Strong 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 parks Excellent highway access for logistics, distribution, or corporate users Benefits from Mayo Clinic's $5+ billion campus expansion and Destination Medical Center (DMC) driven economic growth rippling into surrounding communities This 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 & Corporations Immediate cash-flowing asset with significant appreciation and development upside Low management agricultural lease provides bridge income during rezoning/entitlement process Limited supply of well-located parcels with Hwy 52 access in the Oronoco/Rochester market Due 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.
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.

Crop Type

Beans
Yes
Corn
Yes

Development Status

Raw Land
Yes

Fencing

Chain Link
Yes
Wire
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes
Satellite
Yes

Lock Box Type

None
Yes

Restriction/Covenants

Easements
Yes
Easements-Road/Right of Way
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes
Will Divide
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Gently Rolling
Yes
Level
Yes

Available Utilities

Broadband Available
Yes
Cable Available
Yes
Electricity Available
Yes
None Connected
Yes
Phone Available
Yes

Improvements

Fence
Yes

Land Inclusions

None
Yes

Property SubType

Acreage
Yes
Agricultural Land
Yes

Documents

IDX
Listing Office: Midwest Home and Farm Realty
Last Updated: May - 31 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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