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    Northfield, MN
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    Northfield, MN Commercial Land for Sale

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    In-Fill Development Land Opportunity
    Updated: Mar 24
    In-Fill Development Land Opportunity

    Division Street S, Northfield, MN 55057

    $1,775,000
    11.70 AC lot
    Development opportunity with water available
    In‑fill acreage within Northfield city limits along Division Street on the south side of town
    N2‑B zoning supports a wide range of residential, mixed‑use, and select neighborhood commercial/retail uses (subject to city approvals)
    Located between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street
    Natural features include mature hardwood trees, wetlands, and seasonal wildlife
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    Commercial Industrial Land Parcel
    Updated: Oct 15, 2025
    Commercial Industrial Land Parcel

    Outlot Honeylocust, Northfield, MN 55057

    $899,787
    9.27 AC lot
    Commercial/industrial land parcel in Northfield
    Water available
    Access to Hwy 3
    Final parcel is subject to survey
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    Highway Commercial Zoned Development Site
    Highway Commercial Zoned Development Site

    501 Professional Drive, Northfield, MN 55057

    Contact for pricing

    Over one-acre commercial parcel zoned Highway Commercial (C2), positioned for a range of retail, office, service, and dining uses.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    191 Acres Development Opportunity
    191 Acres Development Opportunity

    Interstate-35 And County Road 2, Northfield, MN 55020

    Contact for pricing
    191.00 AC lot

    191 acres available for development in Elko New Market.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Northfield, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Agricultural Land With Pole Barn
    Agricultural Land With Pole Barn

    21300 Flagstaff Avenue, Farmington, MN 55024

    Contact for pricing
    19.93 AC lot

    A-1 agricultural acreage with a pole barn, electric service, and water available near County Road 50 and Flagstaff Avenue.

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    Corner Commercial Land
    Corner Commercial Land

    21300 Flagstaff Avenue, Farmington, MN 55024

    Contact for pricing

    Commercial land at the County Road 50 and Flagstaff Avenue intersection.

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    Land Near I-35W and Retail
    Land Near I-35W and Retail

    26033 Market Place Blvd, Elko New Market, MN

    Contact for pricing
    1.69 AC lot

    Commercial land with high visibility near I-35W and retail.

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    Elko New Market Retail Land
    Elko New Market Retail Land

    Hwy 2 & County Road 91, Elko New Market, MN 55020

    Contact for pricing
    10.00 AC lot

    10-acre corner lot near Elko Speedway, priced to sell.

    View details

    Northfield, MN Commercial Land Market Trends and Statistics

    Explore 4 commercial land for sale in Northfield, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,233,413 square feet of properties for sale, with an estimated market value of $2,674,787.

    Sale prices for commercial lots in Northfield, MN start at $899,787, averaging $1,337,393, and reaching up to $1,775,000 — 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

    Commercial land 5
    Industrial land 3
    Residential land & home lots 3

    Demographics Overview

    Population 25K
    Population Growth (5Y) +1.5%
    Median Household Income $97,521
    College Educated 72.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55057 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.55%
    Property Tax per SF $43.22 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rice County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Northfield fall within the 10 to 20 acres range.

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    • 55020

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