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    Northfield, MN
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    Northfield, MN Commercial Land for Sale

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    Dundas, MN Randolph, MN Faribault, MN Webster, MN Cannon Falls, MN Lonsdale, MN Elko New Market, MN Lakeville, MN
    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 Land with Highway Access
    Updated: Oct 15, 2025
    Commercial Land with Highway Access

    Outlot Honeylocust, Northfield, MN 55057

    $899,787
    9.27 AC lot
    9.27 acres of commercial land
    Access to Hwy 3
    Water available
    Near Target, Cub Foods, several restaurants, and the Northfield Ice Arena
    Final parcel subject to survey
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    Highway Commercial Zoned Development Site
    Highway Commercial Zoned Development Site

    501 Professional Dr, Northfield, MN 55057

    $215,000

    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.

    Level Commercial Land
    Level Commercial Land

    260th Street E, Elko New Market, MN 55020

    $1,650,000
    10.00 AC lot

    Parcel outside city limits with generally level terrain, mature trees, and convenient access to I-35W.

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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.

    View details
    Four-Parcel Commercial Land
    Four-Parcel Commercial Land

    2905 2nd NW Avenue, Faribault, MN 55021

    $1,200,000

    Assemblage positioned near Rice County’s new Public Safety Center, with proposed commercial rezoning supported by the seller.

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    Commercial Land Parcel
    Commercial Land Parcel

    1940 30th NW Street, Faribault, MN 55021

    $159,900

    Commercial land positioned near a freeway interchange with convenient highway access.

    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 $2,889,787.

    Sale prices for commercial lots in Northfield, MN start at $215,000, averaging $963,262, 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
    Residential land & home lots 4
    Industrial land 1

    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 $995K

    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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