Commercial

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

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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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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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Industrial Land with Highway Frontage
Industrial Land with Highway Frontage

US I-90, Albert Lea, MN 56007

$557,800
13.50 AC lot

L-1 zoning permits manufacturing, warehousing, retail, and consumer-service uses.

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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.

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

106 Prairie Rose Drive, Blue Earth, MN 56013

Contact for pricing
0.41 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%

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