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    Owatonna, MN
    Commercial

    Owatonna, MN Commercial Land for Sale

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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 Lot on Town Edge
    Updated: Apr 24, 2025
    Commercial Lot on Town Edge

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot
    Commercial lot on the northwest edge of town
    Utilities: water available
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    Commercial Development Lot
    Commercial Development Lot

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    0.906-acre commercial lot in North Bluff Estates, ready for a new building with convenient access.

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

    140 Alexander Drive SE Owat, Owatonna, MN 55060

    $1,400,000

    Commercial land with I-35 frontage and high exposure.

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    High-Traffic Commercial Development Land
    High-Traffic Commercial Development Land

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    1.83-acre parcel on LandMark Drive NE for higher-end commercial development in Owatonna.

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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

    $100,000

    Commercial land for sale in Northeast Owatonna.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 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.

    High-Frontage Commercial Land
    High-Frontage Commercial Land

    1320 Lyndale Avenue N, Faribault, MN 55021

    $1,600,000
    12.45 AC lot

    Multi-acre site with nearly 1,000 feet of frontage on State Highway 21, currently zoned R2.

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    Retail Site Near Walmart
    Retail Site Near Walmart

    2000 State St N, Waseca, MN 56093

    $650,000
    9,100 sqft 1.06 AC lot

    1.06 acre retail site across from Walmart.

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    Commercial Retail Zoned Industrial Lot
    Commercial Retail Zoned Industrial Lot

    400 Western Ave N, Faribault, MN 55021

    Contact for pricing
    0.59 AC lot

    Industrial lot zoned for commercial and retail use near a major highway intersection.

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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 7 commercial land for sale in Owatonna, MN, showcased through 7 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 $6,000,000.

    Sale prices for commercial lots in Owatonna, MN start at $100,000, averaging $1,000,000, 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

    Commercial land 7
    Agricultural land / Farmland 2
    Industrial land 1
    Residential land & home lots 1

    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 $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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