For Sale: Oronoco MLS# 7083677
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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 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,846,010
Property Type:
Lot/Land
City:
Oronoco
County:
Olmsted
State:
MN
Property Style:
Lot/Land
Zip Code:
55960
Exterior
Fencing:
Chain Link, Wire
Road Responsibility:
Public Maintained Road
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
81.83
Geolocation:
44.1120941003, -92.5090654497
Inclusions:
None
Lot Dimensions:
1668 x 2333
Minimum Lot Size:
40
Wooded Acres:
3
Restrictions:
Open
Zoning:
Agriculture
Farm
Crop Type:
Beans, Corn
Crop Acres:
0
Tillable Acres:
74.1
Pasture Acres:
0
Topography:
Gently Rolling, Level
WRP Acres:
0
Schools
School District:
535
District Phone:
5073283000
Elementary School:
Elton Hills
Middle School:
John Adams
High School:
Century
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,492
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,492
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
81.83
Miscellaneous
Development Status:
Raw Land
Fire Number:
Tbd
Improvements:
Fence
Available Utilities:
- Broadband Available
- Cable Available
- Electricity Available
- None Connected
- Phone Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Midwest Home and Farm Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.