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    Tower, MN
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    Tower, MN Commercial Land for Sale

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    Soudan, MN Ely, MN Embarrass, MN Cook, MN Virginia, MN Orr, MN Babbitt, MN Biwabik, MN
    Land Near Lake Vermilion
    Updated: Mar 20
    Land Near Lake Vermilion

    6501 Highway 169, Tower, MN 55790

    $39,950
    9.10 AC lot
    Conveniently located vacant lot on Hwy 169
    Close proximity to Lake Vermilion
    Quick access to public boat launches
    Ideal for recreational use
    Suitable for camper placement
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Commercial Land at Highway Corner
    Commercial Land at Highway Corner

    7010 Highway 169, Virginia, MN 55792

    $193,500
    8.17 AC lot

    The site has a private well and compliant septic system for commercial development planning.

    View details
    Commercial Land with Heated Storage Building
    Commercial Land with Heated Storage Building

    4303 Hwy 53, Orr, MN 55771

    $229,000
    4.77 AC lot

    Commercial land on Hwy 53 with ample parking, a heated 42x48 storage building, offices, bathroom, and private well and septic.

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    Storefront Property With Storage Building
    Storefront Property With Storage Building

    4303 Hwy 53 N, Orr, MN 55771

    $229,000
    4.77 AC lot

    Multi-use commercial property with heated storage, office areas, a bathroom, and private well and septic.

    View details
    Corner Commercial Land With Utilities
    Corner Commercial Land With Utilities

    7010 Hwy 169, Virginia, MN 55792

    $198,500

    Com/M zoned commercial corner site with a drilled well and compliant septic system at the intersection of two state highways.

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    Off-Market Properties in Tower, MN

    Consider similar Off-Market properties in Tower, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Tower, MN 55790
    VACANT COMMERCIAL LAND

    Tower, MN 55790

    $55,000
    Estimated value
    0.01 AC lot
    View details
    Tower, MN 55790
    VACANT COMMERCIAL LAND

    Tower, MN 55790

    $240,000
    Estimated value
    0.01 AC lot
    View details

    Tower, MN Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Tower, MN on our real estate platform. These investment opportunities span a total of 396,396 square feet of properties for sale, with an estimated market value of $39,950.

    Sale prices for commercial lots in Tower, MN average $39,950 — 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

    Waterfront Land 23
    Residential land & home lots 22
    Recreation land 17
    Hunting land 3
    Commercial land 1

    Demographics Overview

    Population 1,933
    Population Growth (5Y) -3.5%
    Median Household Income $74,732
    College Educated 46.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55790 $40K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $30.81 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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