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    Elgin, MN
    Industrial

    Elgin, MN Industrial Land for Sale

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    Active Mining Pit Land
    Updated: Mar 21, 2025
    Active Mining Pit Land

    County Rd 67, Elgin, MN 55932

    $5,995,000
    38.40 AC lot
    1 of 3 family‑owned mining pits with operations dating back to 1937
    Permits and approvals included to support day‑one continued mining operations
    38.4+/- acres with abundant reserves
    Includes enough processed inventory (bedding sand) for close to one year of operations
    Equipment for operations available for purchase as negotiated with the sale
    View details
    Elgin Business Park Land
    Updated: Aug 30, 2018
    Elgin Business Park Land

    705 Industrial Dr SE, Elgin, MN

    Contact for pricing
    1.16 AC lot
    Last Available Lot in Elgin Business Park
    Zoned for Commercial Industrial Use
    City Water and Sewer Hookups Available
    Asking Price of $1.25 per Square Foot
    Located in Elgin Business Park
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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 2 Active listings in Elgin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Industrial Development Land Site
    Industrial Development Land Site

    2045 Hwy 14 E, Rochester, MN 55901

    Contact for pricing
    3.00 AC lot

    Nearly 3 acres of commercial/industrial land offered for development or build-to-suit projects.

    View details
    Industrial Mining Pit with Active Permits
    Industrial Mining Pit with Active Permits

    County Rd 84, Kellogg, MN 55945

    $849,450
    11.30 AC lot

    Own an operating mining pit with required permits and a transferable staging lease from a local power cooperative.

    View details
    Permitted Mining Pit with Storage Shop
    Permitted Mining Pit with Storage Shop

    County Rd 84, Kellogg, MN 55945

    $1,769,000
    20.00 AC lot

    Active permits, on-site processed inventory, and a staging lease support immediate operating readiness.

    View details
    Commercial Land with LI Zoning
    Commercial Land with LI Zoning

    4430 Maine Ave SE, Rochester, MN 55904

    Contact for pricing
    1.09 AC lot

    Land zoned LI for low-impact commercial and industrial uses near major roads.

    View details

    Off-Market Properties in Elgin, MN

    Consider similar Off-Market properties in Elgin, 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.

    Elgin, MN 55932
    INDUSTRIAL - VACANT LAND

    Elgin, MN 55932

    $235,000
    Estimated value
    10.05 AC lot
    View details

    Elgin, MN Industrial Land Market Trends and Statistics

    Explore 3 industrial land for sale in Elgin, MN on our real estate platform. These investment opportunities span a total of 1,723,234 square feet of properties for sale, with an estimated market value of $5,995,000.

    Sale prices for industrial sites in Elgin, MN average $5,995,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mining land & claims 1

    Demographics Overview

    Population 2,080
    Population Growth (5Y) -0.1%
    Median Household Income $102,727
    College Educated 38.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55932 $6M

    Taxes & Financing

    Tax Rate (average for all types) 1.68%
    Property Tax per SF $36.34 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

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