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$650,000
Est. payment /mo
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Belvior At Somerby 2Nd Add Cic
MLS Listing ID 7032685
Annual Tax Amount $602
Tax Year 2025
Contingent None
Lot Size 3,484 Sqft
Lot Dimensions 40x80x40x80
Property Description
Builder/Investor Opportunity for a Townhome Project in the Somerby Golf Community in Byron, MN. Located just 10 miles west of Downtown Rochester, the Belvior Townhome Community is located within the Somerby Master Planned Golf Community. The lots are fully complete and permit ready. Plans for the townhome units are pre-approved with the community architectural review committee.
The 12 lots are shown below and represent four (4), three-unit buildings to be completed. Approved architectural details available upon request.
The townhomes built within the community are rambler walkout style units, with three bedrooms plus office layouts with two and three car garage options. Represents a fantastic opportunity for an investor or builder to secure a housing project and ready inventory to build new homes in the Rochester, MN area currently experiencing a significant increase in population and housing activity with the continued growth of the area with investments and expansions related to the Mayo Clinic $5 Billion expansion plans.
Residents who live within the Somerby Community are within a 15-minute drive to the Mayo Clinic Campus in Downtown Rochester. In addition, as Somerby Community residents, every owner is granted a social membership in the club via the HOA where they can enjoy all the features and amenities available in the Club. The link below provides additional details on the Somerby Community and Club Amenities.
Tax information is single lot only - all 12 lots are $7,224 yearly for taxes.
Contact Agent for Additional Details and Seller Financing Options.
The 12 lots are shown below and represent four (4), three-unit buildings to be completed. Approved architectural details available upon request.
The townhomes built within the community are rambler walkout style units, with three bedrooms plus office layouts with two and three car garage options. Represents a fantastic opportunity for an investor or builder to secure a housing project and ready inventory to build new homes in the Rochester, MN area currently experiencing a significant increase in population and housing activity with the continued growth of the area with investments and expansions related to the Mayo Clinic $5 Billion expansion plans.
Residents who live within the Somerby Community are within a 15-minute drive to the Mayo Clinic Campus in Downtown Rochester. In addition, as Somerby Community residents, every owner is granted a social membership in the club via the HOA where they can enjoy all the features and amenities available in the Club. The link below provides additional details on the Somerby Community and Club Amenities.
Tax information is single lot only - all 12 lots are $7,224 yearly for taxes.
Contact Agent for Additional Details and Seller Financing Options.
Location
State MN
County Olmsted
Zoning Residential-Multi-Family
Interior
Inclusions Platted
Fireplace No
Exterior
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Phone Available, Phone Connected, Water Available, Water Connected
Schools
School District Byron
Others
Restrictions Open
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Listed by Timothy Brown • Terrace Realty Partners
NEARBY SCHOOL & BUSINESS
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