Tbd 31st Avenue Nw, Oronoco, MN 55960

Property 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 Features74.10 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 88.0Predominantly 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 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 l