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tbd 31st Ave NW, Oronoco, MN 55960
tbd 31st Ave NW, Oronoco, MN 55960 3D Tour
tbd 31st Ave NW, Oronoco, MN 55960 Explore 3D Tour
tbd 31st Ave NW, Oronoco, MN 55960
tbd 31st Ave NW, Oronoco, MN 55960
tbd 31st Ave NW, Oronoco, MN 55960
tbd 31st Ave NW, Oronoco, MN 55960

tbd 31st Ave NW Oronoco, MN 55960

$3,846,010

ACTIVE
Beds
Baths
Sqft
Acres
81.83
Year
Days on Site
1 Day
Property Type
Land
Sub Type
Per Square Foot
$3,846,010
Date Listed
May 30, 2026

Description of tbd 31st Ave NW, Oronoco, MN 55960

Listing details for tbd 31st Ave 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 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.
Listing Updated : 08-11-2026 at 4:55 AM CDT
Source

NorthstarMLS as distributed by MLS GRID, MLS#: NST7083677

For more information on this listing contact us at 612-712-1154

Property History

DateEventPrice
5/30/2026
Listed for sale
$3,846,010
Source:NorthstarMLS #NST7083677
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For more information on this listing contact us at 612-712-1154
Based on information submitted to the MLS GRID as of 2026-08-11. 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. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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For more information on this listing contact us at 612-712-1154