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    Minneapolis, MN Commercial Land for Sale

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    Park Avenue Land and Building
    Updated: Jan 3, 2024
    Park Avenue Land and Building

    2722-2742 Park Ave, Minneapolis, MN

    $2,850,000
    12,671 sqft 1.40 AC lot
    Total lot size of 1.40 acres.
    Includes a building at 2722 Park Ave.
    Includes an empty lot at 2742 Park Ave.
    Property consists of two parcels.
    Potential for development or expansion.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2722-2742 Park Ave, Minneapolis, MN

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $158K
      Annual

    • Price @ 7% Cap

      $2.26M
      Suggested
    View Property Analytics
    Paved Commercial Development Lot
    Updated: Apr 16
    Paved Commercial Development Lot

    5020 Xerxes Avenue S, Minneapolis, MN 55410

    $549,000
    0.12 AC lot
    5020 Xerxes Ave S: 42' x 128' paved commercial lot (approx. 5,376 SF) currently used as a parking lot
    Redevelopment‑ready footprint with no structural demolition required, per listing remarks
    Steps from West 50th Street transit connections with Metro Transit Routes 36 and 46
    Metro Transit Routes 36/46 provide direct service north to Uptown and south to Southdale and surrounding employment centers
    Site may be suited for boutique mixed‑use, live/work, small multifamily, or premium residential infill (subject to City of Minneapolis zoning verification)
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    Redevelopment Land With Mixed-Use Zoning
    Redevelopment Land With Mixed-Use Zoning

    2824 27th Ave S, Minneapolis, MN 55406

    $281,390
    14,810 sqft 0.34 AC lot

    Two contiguous vacant parcels offered for redevelopment with UN3 and CM3 zoning supporting a broad mix of uses.

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    Mixed-Use Development Land
    Mixed-Use Development Land

    72 Lowry Avenue NE, Minneapolis, MN 55418

    $62,000
    0.09 AC lot

    Development lot with a damaged teardown home, abutting BNSF railroad land in a high-density mixed-use corridor.

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    Mixed-Use Development Land Site
    Mixed-Use Development Land Site

    2402 Central Ave Ne, Minneapolis, MN

    $1,000,000

    Development site with mixed-use potential, positioned along the Transit 10 corridor with capacity for up to 10 stories.

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    Corner Development Land Parcels
    Corner Development Land Parcels

    2620 E 29th St, Minneapolis, MN 55406

    $140,657
    0.17 AC lot

    Two contiguous vacant corner lots zoned for urban neighborhood and mixed-use development with access to major retail corridors.

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    Corner Lot for Multi-Family Building
    Corner Lot for Multi-Family Building

    5735 Sander Drive, Minneapolis, MN 55417

    $120,000
    0.11 AC lot

    Corner lot zoned for multi-family building with highway access.

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    Two-Lot Development Land Site
    Two-Lot Development Land Site

    2840 Bloomington Avenue, Minneapolis, MN 55407

    $300,000
    0.12 AC lot

    Two contiguous vacant lots zoned for multi-family or mixed-use development up to six stories with build-form premiums.

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    Downtown Minneapolis Development Opportunity
    Downtown Minneapolis Development Opportunity

    41 North 10th Street, Minneapolis, MN 55403

    $4,671,810
    1 sqft

    Large infill development site in downtown Minneapolis.

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    Redevelopment Land Opportunity
    Redevelopment Land Opportunity

    2828 & 2824 27th Ave S, Minneapolis, MN 55406

    $281,390
    14,810.00 AC lot

    Two contiguous vacant parcels offer a straightforward site for new development under CM3 and UN3 zoning.

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    Central Avenue Commercial Portfolio Opportunity
    Central Avenue Commercial Portfolio Opportunity

    2636 Central Ave NE, Minneapolis, MN

    $299,900
    0.38 AC lot

    Multi-parcel property in Northeast Minneapolis with redevelopment potential.

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    Downtown Minneapolis Land Lease Opportunity
    Downtown Minneapolis Land Lease Opportunity

    700 On the Mall, Minneapolis, MN

    $4,800,000
    0.27 AC lot

    Land lease opportunity in the heart of downtown Minneapolis.

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    Development Land Adjacent to University
    Development Land Adjacent to University

    1407-1429 Washington Ave S, Minneapolis, MN 55454

    Contact for pricing

    Development land next to the University of Minnesota West Bank with strong Washington Avenue visibility and convenient interstate access.

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    Excelsior Blvd Commercial Land Available
    Excelsior Blvd Commercial Land Available

    5900 Excelsior Blvd, St Louis Park, MN

    Contact for pricing
    2,535 sqft 0.35 AC lot

    Land available on Excelsior Blvd with high traffic volume.

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    Highly Visible Site on Hwy 65
    Highly Visible Site on Hwy 65

    Minneapolis, MN 55432

    Contact for pricing
    0.64 AC lot

    0.64-acre site with drive-thru potential in Spring Lake Park.

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    Versatile Retail Building on Lake
    Versatile Retail Building on Lake

    3542 E Lake St, Minneapolis, MN

    Contact for pricing
    4,990 sqft 0.18 AC lot

    Retail building with redevelopment potential in Longfellow and Seward neighborhoods.

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    Prime Land for Office Development
    Prime Land for Office Development

    199 Irving Ave N, Minneapolis, MN 55411

    Contact for pricing
    1.24 AC lot

    Land suitable for a five-story office building near downtown.

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    Minneapolis Industrial Property with Rail
    Minneapolis Industrial Property with Rail

    150 W 60th St, Minneapolis, MN

    Contact for pricing
    16,075 sqft 4.36 AC lot

    Industrial property in Minneapolis with outdoor storage and rail access.

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    Paved Parking Lot For Sale
    Paved Parking Lot For Sale

    916 NE 27th Ave, Minneapolis, MN 55418

    $50,000

    Fully paved parking lot available for sale.

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    Development Opportunity on Central Avenue
    Development Opportunity on Central Avenue

    2402-2408 Central NE, Minneapolis, MN

    $1,000,000
    0.35 AC lot

    Land for development in a high-traffic Minneapolis location.

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    Commercial Lot on Lake Street
    Commercial Lot on Lake Street

    710-714 E Lake St, Minneapolis, MN

    $899,900
    0.33 AC lot

    Commercial lot available with seller financing and public funding.

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    Redevelopment Site in Minneapolis
    Redevelopment Site in Minneapolis

    425 E Hennepin Ave, Minneapolis, MN

    $3,900,000
    24,900 sqft 1.61 AC lot

    Prime location in thriving arts and history neighborhood.

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    High-Traffic Commercial Lot on Lake
    High-Traffic Commercial Lot on Lake

    2815 E Lake Street, Minneapolis, MN 55406

    $205,000
    0.16 AC lot

    Commercial lot in high-traffic Minneapolis location, ideal for business.

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    Commercial Land Available
    Commercial Land Available

    1433 W Lake Street, Minneapolis, MN 55408

    Contact for pricing
    3,200 sqft 0.18 AC lot

    Commercial land for sale, 3200 square feet.

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    Minneapolis, MN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Minneapolis, MN, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 52,382 square feet of properties for sale, with an estimated market value of $11,703,200.

    Sale prices for commercial lots in Minneapolis, MN start at $281,390, averaging $2,925,800, and reaching up to $4,671,810 — 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

    Commercial land 43
    Residential land & home lots 13
    Industrial land 1
    Recreation land 1

    Demographics Overview

    Population 1.13M
    Population Growth (5Y) +11.2%
    Median Household Income $93,401
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55417 $120K
    55406 $255.9K
    55407 $300K
    55418 $308.3K
    55410 $549K

    Taxes & Financing

    Tax Rate (average for all types) 2.98%
    Property Tax per SF $22.67 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hennepin County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Minneapolis fall within the under-1-acre range.

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    Most Searched ZIP Codes in Minneapolis, MN

    • 55406
    • 55408
    • 55418
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    • 55407
    • 55410
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    • 55432
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