Tbd 31st Avenue NW,Oronoco, MN 55960
Oronoco, MN 55960
Description
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.
Details
| MLS # | 7083677 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 89 |
| Listing Provided By | Midwest Home and Farm Realty | Jen Busch |
Features
| Zoning | Agriculture |
|---|---|
| Acreage | 81.83 |
Utilities
| Utilities | Broadband Available, Cable Available, Electricity Available, None Connected, Phone Available |
|---|
Taxes
| Property | 5492 |
|---|
Area Information
| State | MN |
|---|---|
| County | Olmsted |
| City | Oronoco |
| Zip Code | 55960 |
| School District | 535 |
| Elementary School | Elton Hills |
| High School | Rochester |
| Listing VS Median (in 55960) | |
Price: $3,846,010 low | high Med: $499,900 On site: 89 low | high Med: 71 | |
Market Activity 55960
Request a showing
Request a showing
Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 27, 2026 at 10:52:40 AM 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Olmsted |
| City | Oronoco |
| Zip Code | 55960 |
| School District | 535 |
| Elementary School | Elton Hills |
| High School | Rochester |
| Listing VS Median (in 55960) | |
Price: $3,846,010 low | high Med: $499,900 On site: 89 low | high Med: 71 | |