Commercial

Wells, MN Commercial Land for Sale

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Service/Commercial Development Land
Updated: Jun 14, 2019
Service/Commercial Development Land

L1 B1 Business Park Addition, Wells, MN 56097

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1.21 AC lot
New Wells Business Park lot on the north edge of town along State Highway 22.
Right on State Highway 22 for visibility to the motoring public.
Turn lanes, curb, gutter, and a paved street are already in place.
All utilities are in place, with water available.
Zoned service/commercial.
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Service/Commercial Development Lot
Updated: Jun 14, 2019
Service/Commercial Development Lot

L2 B2 Business Park Addition, Wells, MN 56097

$38,281
2.00 AC lot
Located on the north edge of town directly on State Highway 22 for visibility to passing motorists
Wells Business Park: curb, gutter, and a paved street already in place
Turn lanes already in place for access from State Highway 22
All utilities are already in place; water available
Zoned service/commercial
View details
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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.

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.

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Prime Truck Stop Development Site
Prime Truck Stop Development Site

38606 125th St, Blue Earth, MN 56013

$2,900,000
11.40 AC lot

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

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Land in Blue Earth, MN
Land in Blue Earth, MN

102 Prairie Rose Drive, Blue Earth, MN 56013

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0.45 AC lot

Land available in new development on the north edge.

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Commercial Development Land
Commercial Development Land

Bridgeport Subdivision, Albert Lea, MN 56007

Contact for pricing
0.14 AC lot

Small parcel offered for commercial development in a high-visibility area near the airport and Interstate 90.

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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 139,828 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%

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