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    Wells, MN
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    Wells, MN Commercial Land for Sale

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    Service Commercial Development Parcel
    Updated: Jun 14, 2019
    Service Commercial Development Parcel

    L1 B1 Business Park Addition, Wells, MN 56097

    Contact for pricing
    1.83 AC lot
    1.83‑acre commercial land parcel
    Service/commercial zoning
    Located along State Highway 22 on the north edge of Wells
    Water available
    Business park setting with paved street
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    Commercial Land in Business Park
    Updated: Jun 14, 2019
    Commercial Land in Business Park

    L2 B2 Business Park Addition, Wells, MN 56097

    $38,281
    3.07 AC lot
    3.07‑acre commercial land parcel
    Located along State Highway 22 in Wells, MN
    Service/commercial zoning
    Business park setting on the north edge of town
    Turn lanes, curb and gutter, and paved street in place
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wells, 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.

    Freestanding Retail Property
    Freestanding Retail Property

    1311 W Front St, Albert Lea, MN 56007

    $549,000
    1.38 AC lot

    Single-story commercial building with a separate car wash, related equipment, and Planned Development District zoning.

    View details
    Retail Pad off I-90
    Retail Pad off I-90

    1619 Main Street West, Albert Lea, MN 56007

    $250,000
    1 sqft

    1.5 acre retail pad for redevelopment near I-90.

    View details
    Prime Truck Stop Development Site
    Prime Truck Stop Development Site

    38606 125th St, Blue Earth, MN 56013

    Contact for pricing
    11.40 AC lot

    11.4-acre development site at I-90 & US Hwy 169.

    View details
    Land in Blue Earth, MN
    Land in Blue Earth, MN

    102 Prairie Rose Drive, Blue Earth, MN 56013

    Contact for pricing
    0.45 AC lot

    Land available in new development on the north edge.

    View details

    Wells, MN Commercial Land Market Trends and Statistics

    Explore 2 commercial land for sale in Wells, MN on our real estate platform. These investment opportunities span a total of 213,444 square feet of properties for sale, with an estimated market value of $38,281.

    Sale prices for commercial lots in Wells, MN average $38,281 — 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 2
    Agricultural land / Farmland 1
    Industrial land 1

    Demographics Overview

    Population 3,593
    Population Growth (5Y) -3.4%
    Median Household Income $63,646
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56097 $19.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $26.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Faribault County

    New Delisted

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