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    Owatonna, MN Commercial Land for Sale

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    Medford, MN Claremont, MN Waseca, MN
    11 results
    Owatonna Campus Opportunity
    $1,600,000
    11,000 SF
    Owatonna Campus Opportunity

    2350 NW 26th Street, Owatonna, MN 55060

    7.6 acres with 11,000+ SF building near hospital.
    • 7.6‑acre wooded site near hospital, clinic & I‑35
    • 11,000+ SF building constructed in 2003
    • Flexible layout with walkout lower level
    • Ideal for medical, senior living, nonprofit, education, residential conversion or redevelopment
    • Central Air and Forced Air Heating
    Updated: Apr 16
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    Owatonna Land Near Industrial Park
    $850,000
    39.48 Acres
    Owatonna Land Near Industrial Park

    Tbd 18th Street SW, Owatonna, MN 55060

    Commercial or agricultural land with easy access to highways.
    • Large 40‑acre property suitable for commercial or agricultural use.
    • Located in the Industrial Park.
    • Paved road access.
    • Easy access to I‑35W.
    • Easy access to Hwy 14.
    Updated: Dec 16, 2025
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    Owatonna Land for Business Growth
    $4,000,000
    78.77 Acres
    Owatonna Land for Business Growth

    78.77 acres suitable for business or agricultural development.

    Tbd NW 26th Street, Owatonna, MN 55060

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    Commercial Lot in Owatonna, MN
    $150,000
    0.69 Acres
    Commercial Lot in Owatonna, MN

    Commercial lot available on the northwest edge of town.

    160 26th Street NW, Owatonna, MN 55060

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    Prime Commercial Land I-35 Frontage
    $1,400,000
    Prime Commercial Land I-35 Frontage

    Commercial land with I-35 frontage and high exposure.

    140 Alexander Drive SE Owat, Owatonna, MN 55060

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    Commercial Lot in Owatonna, MN
    $100,000
    0.91 Acres
    Commercial Lot in Owatonna, MN

    Commercial lot available in North Bluff Estates, Owatonna, Minnesota.

    Xxx NE LandMark Drive NE, Owatonna, MN 55060

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    Owatonna Retail Pad Site
    Contact for pricing
    Owatonna Retail Pad Site

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

    1450 21ST AVE NW |, Owatonna, MN 55060

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    Owatonna Redevelopment Land Opportunity
    $395,000
    0.98 Acres
    Owatonna Redevelopment Land Opportunity

    0.98 acres available near Federated Mutual Insurance headquarters.

    1930-1940 S Cedar Ave, Owatonna, MN

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    Owatonna Commercial Land For Sale
    $250,000
    1.83 Acres
    Owatonna Commercial Land For Sale

    1.83 acre commercial land in Owatonna, Minnesota.

    Xxx LandMark Drive NE, Owatonna, MN 55060

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    Owatonna Commercial Land Opportunity
    $79,900
    0.51 Acres
    Owatonna Commercial Land Opportunity

    Commercial land with high visibility near established businesses in Owatonna.

    Xxx Kilworth Drive, Owatonna, MN 55060

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    Owatonna Commercial Land Available
    $100,000
    Owatonna Commercial Land Available

    Commercial land for sale in Northeast Owatonna.

    BLK 9 Lot 5, Owatonna, MN 55060

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 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.

    Commercial Land Near Water
    $800,000
    1.57 Acres
    Commercial Land Near Water

    Commercial land suitable for business, retail, or watercraft sales.

    4454 Morristown Blvd, Faribault, MN 55021

    View details
    Medford, MN Open Space Land
    $225,000
    2.72 Acres
    Medford, MN Open Space Land

    Open space suitable for various uses, including cannabis business.

    8292 Cabot Avenue, Medford, MN 55049

    View details
    Shovel-Ready Development Site Available
    $1,500,000
    0.99 Acres
    Shovel-Ready Development Site Available

    0.989-acre site with permits and plans for 55-unit MFH.

    4th St NW & 8th Ave NW, Faribault, MN

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    Land Near I-35, Medford
    Contact for pricing
    12.65 Acres
    Land Near I-35, Medford

    Land accessible and visible from I-35 near Medford.

    6150 W Frontage Rd, Medford, MN

    View details

    Owatonna, MN Commercial Land Investment Opportunities Market Analysis

    Explore 11 commercial land for sale in Owatonna, MN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for commercial lots in Owatonna, MN start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — 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

    Residential land & home lots 42
    Commercial land 11
    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 median listing prices of real estate assets

    Neighborhood Average Price
    55060 $947.8K

    Taxes & Financing

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

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