Commercial

Milford, IA Commercial Land for Sale

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West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Okoboji, IA Montgomery, IA Spencer, IA Orleans, IA
Commercial Land with Highway Frontage
Updated: Oct 12
Commercial Land with Highway Frontage

HWY 71, Milford, IA 51351

$2,200,000
5.43 AC lot
5.43‑acre commercial parcel
AC (Arterial Commercial) zoning
More than 580 feet of frontage on Highway 71
Six double‑sided billboards on the property
Located on the north end of Milford, Iowa
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Commercial Land with Highway Frontage
Updated: Oct 22
Commercial Land with Highway Frontage

Okoboji Avenue, Milford, IA 51351

$207,500
0.99 AC lot
0.99‑acre parcel with approximately 140 feet of Highway 71 frontage
Average parcel depth of 308 feet
AC Commercial zoning adopted in April 2023
Permitted uses include commercial, mixed‑use, shop condos, and shouses
PVC sewer line stubbed into the lot; water service available from the south or across Highway 71
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Graded Commercial Land
Graded Commercial Land

P Avenue, Milford, IA 51351

$695,000
4.70 AC lot

Graded commercial land with AC zoning and utilities available in the street.

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See hot listings in Milford

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Commercial Land with Billboard Structures
Commercial Land with Billboard Structures

00 Hwy 71 N, Milford, IA 51351

$2,200,000
236,531 sqft

Six double-sided billboards are already installed on the parcel.

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4 active listings match your search: Commercial Land for sale in Milford, IA. Based on your search, we've also compiled 72 Potential Opportunities for your consideration: 4 properties in nearby cities and 68 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Vacant Land / Lots
Vacant Land / Lots

00 Highway 9, Lake Park, IA 51347

$5,350,000
1,318,126 sqft

Commercial land · 1,318,126 SF

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Highway Commercial Land
Highway Commercial Land

3840 Highway 71, Spirit Lake, IA 51360

$999,000
3.76 AC lot

Flat commercial parcel with C-2 Highway Commercial zoning and direct Highway 71 access.

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Highway-Fronted Commercial Land
Highway-Fronted Commercial Land

37th Street, Spirit Lake, IA 51360

$319,000
1.11 AC lot

Commercial site on 37th Street in Spirit Lake with highway exposure for future business planning.

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Waterfront Commercial Land
Waterfront Commercial Land

00 150th St, Lake Park, IA 51347

$1,250,000

C-2 Highway Commercial-zoned waterfront parcel with utility infrastructure in place and access from Beachcomber Ct.

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Off-Market Properties in Milford, IA

Consider similar Off-Market properties in Milford, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$230,000
0.47 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$230,000
0.33 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$225,000
0.33 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$95,000
0.33 AC lot
View details
22888 Horse Crk Ln
VACANT COMMERCIAL LAND

22888 Horse Crk Ln, Milford, IA 51351-7007

Estimated value: by Request
0.33 AC lot
View details
Hwy 86
VACANT COMMERCIAL LAND

Hwy 86, Milford, IA 51351

Estimated value:
$235,000
2.20 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value: by Request
0.25 AC lot
View details
193rd St Loop
VACANT COMMERCIAL LAND

193rd St Loop, Milford, IA 51351

Estimated value:
$235,000
0.37 AC lot
View details
Okoboji Ave
VACANT COMMERCIAL LAND

Okoboji Ave, Milford, IA 51351

Estimated value:
$235,000
0.30 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$235,000
0.33 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$230,000
0.59 AC lot
View details
225th Ave
VACANT COMMERCIAL LAND

225th Ave, Milford, IA 51351

Estimated value:
$235,000
0.96 AC lot
View details
21st St
VACANT COMMERCIAL LAND

21st St, Milford, IA 51351

Estimated value:
$230,000
0.34 AC lot
View details
9th St
VACANT COMMERCIAL LAND

9th St, Milford, IA 51351

Estimated value:
$230,000
0.03 AC lot
View details
Horse Crk Ln
VACANT COMMERCIAL LAND

Horse Crk Ln, Milford, IA 51351

Estimated value:
$225,000
4.14 AC lot
View details
Horse Crk Ln
VACANT COMMERCIAL LAND

Horse Crk Ln, Milford, IA 51351

Estimated value:
$225,000
2.14 AC lot
View details
10th St
VACANT COMMERCIAL LAND

10th St, Milford, IA 51351

Estimated value:
$230,000
0.16 AC lot
View details
P Ave
VACANT COMMERCIAL LAND

P Ave, Milford, IA 51351

Estimated value:
$225,000
0.68 AC lot
View details
230th Ave
VACANT COMMERCIAL LAND

230th Ave, Milford, IA 51351

Estimated value:
$215,000
17.12 AC lot
View details
20491 193rd St Loop
VACANT COMMERCIAL LAND

20491 193rd St Loop, Milford, IA 51351-7391

Estimated value:
$230,000
0.90 AC lot
View details

Milford, IA Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Milford, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 720,918 square feet of properties for sale, with an estimated market value of $5,302,500.

Sale prices for commercial lots in Milford, IA start at $207,500, averaging $1,325,625, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 5
Commercial land 4
Agricultural land / Farmland 2
Waterfront Land 1

Demographics Overview

Population 4,990
Population Growth (5Y) +13.5%
Median Household Income $67,628
College Educated 39.3%

High-Yield Neighborhoods for Investment

Identify Milford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
51351 $1M

Taxes & Financing

Tax Rate (average for all types) 1.57%
Property Tax per SF $12.29 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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