tbd 31st Avenue NW Oronoco, MN $ 3,846,010
tbd 31st Avenue NW
$ 3,846,010
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tbd 31st Avenue NW

Oronoco, MN, 55960
$ 3,846,010
Bedrooms-- Baths0.0

Monthly Estimate*

$ 26,563

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Lots and Land for sale in Oronoco, MN

for $3,846,010. The lot size is 81.83.

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 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.

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Lots and Land Pending

Price

$ 3,846,010

Property Type

Lots and Land

Taxes

$ 5,492

Style

Lot Size

81.83

Town/City

Oronoco

County/Region

Olmsted

MLS | Web ID

7083677

Features
General
Utilities Broadband Available Cable Available Electricity Available None Connected Phone Available
Development Status Raw Land
HOA Fee 0
Topography Gently Rolling Level
Tax Year 2025
County Olmsted
Property Type Land
HOA N
Contingency None
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.
High School Century
City Oronoco
High School District Rochester
Zoning Description Agriculture
Lot Size Units Acres
Elementary School Elton Hills
Land Lease Y/N N
Tax Annual Amount 5492
Middle/Junior High School John Adams
Additional Parcels Y/N N
Virtual Tour https://wellcomemat.com/embed/574i593b630d1mlf4?mls=1
Standard Status Pending
Restrictions Open
Lender Owned No
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Exterior
Fencing Chain Link Wire
Inclusions None
Lot Size Area 81.83
Lot Dimensions 1668x2333
Wooded Area 3
Waterfront Y/N N
Cultivated Area 74.1
Pasture Area 0
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Midwest Home And Farm Realty

Broker

jen@midwesthome.farm

Email

Affordability Calculator

$27,021
Per Month
98%
2%
0%
Monthly Principal & Interest
$26,563
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3065247 Elementary School
3065241 Middle School
Century High School High School
Pricing History
DatePricePrice ChangeDescription
5/31/2026$3,846,010 Listed Price

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tbd 31st Avenue NW, Oronoco, MN, 55960 is a Lots and Land for sale at $3,846,010 with a lot size of 81.83. tbd 31st Avenue NW has 0.0 baths. The property's zip code is 55960 which is in Oronoco, MN