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    Farmington, MN

    Farmington, MN Commercial Real Estate for Sale

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    New Construction Retail Property
    Updated: Aug 10
    New Construction Retail Property

    4640 Knutsen Drive, Farmington, MN 55024

    $7,133,000
    Completed in 2026
    18‑year lease
    Corporate guaranty
    Located at 4640 Knutsen Drive, Farmington, MN 55024
    Identified as retail space
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    Corner Commercial Land
    Updated: Aug 2
    Corner Commercial Land

    21300 Flagstaff Avenue, Farmington, MN 55024

    Contact for pricing
    Nearly 20 acres of commercial land
    Corner parcel at County Road 50 and Flagstaff Avenue
    County Road 50 is also known as Richard J. Ames Memorial Highway
    Address: 21300 Flagstaff Avenue, Farmington, MN 55024
    View details
    Zoned Miscellaneous Commercial Land
    Zoned Miscellaneous Commercial Land

    4650 Knutsen Dr, Farmington, MN 55024

    Contact for pricing
    2.09 AC lot

    Two-acre commercial land parcel zoned miscellaneous commercial, positioned adjacent to a new 152-unit multi-family development.

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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 76 Potential Opportunities for your consideration. Besides 3 Active listings in Farmington, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

    High-Frontage Highway Commercial Land
    High-Frontage Highway Commercial Land

    1-3XX Lakeville Boulevard, Lakeville, MN 55044

    $3,995,000
    1,043,697 sqft

    High-traffic commercial land offering significant frontage on Hwy 50/Lakeville Blvd in C-2 highway commercial zoning.

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    Industrial Build-to-Suit Land
    Industrial Build-to-Suit Land

    215th St W, Lakeville, MN 55044

    Contact for pricing

    Industrial land with direct access to I-35 and approved AUAR, plus site grading scheduled to begin April 1, 2026.

    View details
    Lakeville Land for Development
    Lakeville Land for Development

    175th St W & Glacier Way, Lakeville, MN

    Contact for pricing
    2.19 AC lot

    2.19-acre site in Lakeville, MN, available for development.

    View details
    Airlake Industrial Park Land Available
    Airlake Industrial Park Land Available

    210th St W, Lakeville, MN 55044

    Contact for pricing
    1.90 AC lot

    Industrial land for sale in Airlake Industrial Park.

    View details

    Off-Market Properties in Farmington, MN

    Consider similar Off-Market properties in Farmington, 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.

    306 Oak St
    GYM, HEALTH SPA

    306 Oak St, Farmington, MN 55024-1359

    Estimated value:
    $425,000
    8,157 sqft 0.21 AC lot
    View details
    21170 Eaton Ave
    SHOW ROOM, WAREHOUSE

    21170 Eaton Ave, Farmington, MN 55024-7966

    Estimated value:
    $1,505,000
    12,151 sqft 1.37 AC lot
    View details
    409 3rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    409 3rd St, Farmington, MN 55024-1354

    Estimated value:
    $275,000
    2,036 sqft 0.12 AC lot
    View details
    404 3rd St
    COMMERCIAL (GENERAL)

    404 3rd St, Farmington, MN 55024-1355

    Estimated value:
    $350,000
    10,176 sqft 0.24 AC lot
    View details
    Farmington, MN 55024
    COMMERCIAL (GENERAL)

    Farmington, MN 55024

    Estimated value:
    $2,005,000
    8.90 AC lot
    View details
    302 Oak St
    RETAIL STORES (PERSONAL SERVICES)

    302 Oak St, Farmington, MN 55024-1359

    Estimated value:
    $290,000
    4,500 sqft 0.09 AC lot
    View details
    Farmington, MN 55024
    COMMERCIAL (GENERAL)

    Farmington, MN 55024

    Estimated value:
    $1,675,000
    14.78 AC lot
    View details
    2850 220th W St
    INDUSTRIAL (GENERAL)

    2850 220th W St, Farmington, MN 55024-9737

    Estimated value:
    $345,000
    16,300 sqft 1.82 AC lot
    View details
    305 3rd St
    OFFICE BUILDING

    305 3rd St, Farmington, MN 55024-1352

    Estimated value:
    $260,000
    3,686 sqft 0.13 AC lot
    View details
    20 4th St
    AUTO REPAIR, GARAGE

    20 4th St, Farmington, MN 55024-1008

    Estimated value:
    $185,000
    2,400 sqft 0.30 AC lot
    View details
    923 8th St
    RESTAURANT

    923 8th St, Farmington, MN 55024-1435

    Estimated value:
    $4,045,000
    4,158 sqft 4.46 AC lot
    View details
    16251 Biscayne W Ave
    OFFICE BUILDING

    16251 Biscayne W Ave, Farmington, MN 55024-9573

    Estimated value:
    $350,000
    2,008 sqft 79.96 AC lot
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    5147 208th W St
    INDUSTRIAL (GENERAL)

    5147 208th W St, Farmington, MN 55024-7935

    Estimated value:
    $2,470,000
    33,480 sqft 3.38 AC lot
    View details
    308 Elm St
    INDUSTRIAL (GENERAL)

    308 Elm St, Farmington, MN 55024-1029

    Estimated value:
    $165,000
    5,054 sqft 0.20 AC lot
    View details
    26410 Galaxie Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    26410 Galaxie Ave, Farmington, MN 55024-1573

    Estimated value:
    $400,000
    4,370 sqft 4.85 AC lot
    View details
    420 Elm St
    OFFICE BUILDING

    420 Elm St, Farmington, MN 55024-1189

    Estimated value:
    $375,000
    3,000 sqft 0.26 AC lot
    View details
    100 5th St
    AUTO REPAIR, GARAGE

    100 5th St, Farmington, MN 55024-1110

    Estimated value:
    $715,000
    3,360 sqft 0.45 AC lot
    View details
    Farmington, MN 55024
    SHOW ROOM, WAREHOUSE

    Farmington, MN 55024

    Estimated value:
    $895,000
    7,728 sqft 1.38 AC lot
    View details
    Farmington, MN 55024
    COMMERCIAL (GENERAL)

    Farmington, MN 55024

    Estimated value:
    $140,000
    1,200 sqft 0.27 AC lot
    View details
    Farmington, MN 55024
    COMMERCIAL (GENERAL)

    Farmington, MN 55024

    Estimated value:
    $240,000
    1.13 AC lot
    View details

    Farmington, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Farmington, MN, showcased through 3 active listings on our real estate platform.

    Sale prices for business properties in Farmington, MN average $7,133,000 — 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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    Demographics Overview

    Population 37K
    Population Growth (5Y) +4.7%
    Median Household Income $123,582
    College Educated 45.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55024 $7.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.33%
    Property Tax per SF $27.55 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Farmington fall within the 50,000 to 100,000 square foot range.

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