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    Owatonna, MN
    Commercial

    Owatonna, MN Commercial Land for Sale

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    Hutchinson, MN Medford, MN Faribault, MN Claremont, MN Waseca, MN Warsaw, MN Morristown, MN Ellendale, MN
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    Owatonna Land for Business Growth
    Updated: Jun 11, 2025
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot
    Suited for growth and opportunities.
    Great space for expanding a business.
    Ideal for starting a new business.
    Property is waiting for the buyer.
    Location coordinates: [-93.26435,44.10345].
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    Commercial Land with Water Available
    Updated: Apr 24, 2025
    Commercial Land with Water Available

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot
    0.69‑acre commercial land parcel
    Water available at the site
    160 26th Street NW, Owatonna, MN 55060
    Located on the northwest edge of town
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    Commercial Land with Water Available
    Commercial Land with Water Available

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    Parcel within North Bluff Estates, positioned for commercial development in Owatonna.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Land for Medical Expansion
    Commercial Land for Medical Expansion

    155 28th St NE, Owatonna, MN 55060

    Contact for pricing

    Expansion site within an established medical office setting with B2 Community Business zoning.

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    Commercial Land Parcel
    Commercial Land Parcel

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    Commercial development site with water available.

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    Prime Commercial Land I-35 Frontage
    Prime Commercial Land I-35 Frontage

    140 Alexander Drive SE Owat, Owatonna, MN 55060

    Contact for pricing

    Commercial land with I-35 frontage and high exposure.

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    Owatonna Retail Pad Site
    Owatonna Retail Pad Site

    1450 21ST AVE NW |, Owatonna, MN 55060

    Contact for pricing

    Pad site available for ground lease in Owatonna's retail area.

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    Owatonna Commercial Land Available
    Owatonna Commercial Land Available

    BLK 9 Lot 5, Owatonna, MN 55060

    Contact for pricing

    Commercial land for sale in Northeast Owatonna.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Owatonna, 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.

    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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    Retail Site Near Walmart
    Retail Site Near Walmart

    2000 State St N, Waseca, MN 56093

    Contact for pricing
    9,100 sqft 1.06 AC lot

    1.06 acre retail site across from Walmart.

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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.

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    Commercial Land Near Northridge Plaza
    Commercial Land Near Northridge Plaza

    17th Ave NE, Waseca, MN 56093

    Contact for pricing
    3.80 AC lot

    3.8-acre commercial land available for sale or build-to-suit.

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    Owatonna, MN Commercial Land Market Trends and Statistics

    Explore 8 commercial land for sale in Owatonna, MN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 3,580,327 square feet of properties for sale, with an estimated market value of $4,500,000.

    Sale prices for commercial lots in Owatonna, MN start at $100,000, averaging $1,125,000, and reaching up to $4,000,000 — 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 28
    Commercial land 9
    Agricultural land / Farmland 2

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55060 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

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