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    Elgin, MN
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    Elgin, MN Land for Sale

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    Combination Farm and Recreational Land
    Updated: Jun 10
    Combination Farm and Recreational Land

    8615 50th Ave NE, Elgin, MN 55932

    $819,000
    78.00 AC lot
    78+/- acre tract in Farmington Township, Olmsted County, MN (8615 50th Ave NE, Elgin, MN 55932).
    42+/- tillable acres with an 87.4 CPI.
    Tillable soils include Downs, Tama, and Lindstrom silt loam (well‑drained).
    36+/- timber acres for recreation and hunting.
    Includes a potential building site and additional natural areas for recreational use.
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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
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    Elgin Business Park Land
    Elgin Business Park Land

    705 Industrial Dr SE, Elgin, MN

    Contact for pricing
    1.16 AC lot

    Land for sale in Elgin Business Park with city utilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Elgin Business Park Commercial Lots
    Elgin Business Park Commercial Lots

    680 Industrial Drive SE, Elgin, MN 55932

    Contact for pricing

    Commercial lots available in Elgin Business Park, city water/sewer.

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 4 Active listings in Elgin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

    Land Parcels Near Rochester, MN
    Land Parcels Near Rochester, MN

    2nd Ave SE, Oronoco, MN 55960

    Contact for pricing
    5.57 AC lot

    5.57 acres near Rochester, MN, for commercial or residential development.

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    Land Available in Oronoco
    Land Available in Oronoco

    TBD 2 44th Avenue NW, Oronoco, MN 55960

    $374,377

    Land for sale in Olmsted County, Minnesota.

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    Residential Development Land
    Residential Development Land

    4778 Cassidy Ridge NE Drive, Rochester, MN 55906

    Contact for pricing

    Build-ready residential lot with options for walk-out, daylight, or flat layouts in a wooded neighborhood setting.

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    Residential Development Lot
    Residential Development Lot

    4783 Cassidy Ridge NE Drive, Rochester, MN 55906

    Contact for pricing

    Residential land lot with walk-out, daylight, and flat building options in a planned neighborhood setting.

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    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.

    675 Industrial SE Dr
    VACANT COMMERCIAL LAND

    675 Industrial SE Dr, Elgin, MN 55932-9699

    $60,000
    Estimated value
    1.30 AC lot
    View details
    680 Industrial SE Dr
    VACANT COMMERCIAL LAND

    680 Industrial SE Dr, Elgin, MN 55932-9699

    $115,000
    Estimated value
    2.73 AC lot
    View details
    335 1st SE St
    VACANT COMMERCIAL LAND

    335 1st SE St, Elgin, MN 55932

    $235,000
    Estimated value
    1.07 AC lot
    View details
    30 5th SE Ave
    VACANT COMMERCIAL LAND

    30 5th SE Ave, Elgin, MN 55932-9697

    $235,000
    Estimated value
    5.86 AC lot
    View details
    705 Industrial SE Dr
    VACANT COMMERCIAL LAND

    705 Industrial SE Dr, Elgin, MN 55932-9747

    $235,000
    Estimated value
    1.16 AC lot
    View details
    620 Industrial SE Dr
    VACANT COMMERCIAL LAND

    620 Industrial SE Dr, Elgin, MN 55932-9699

    $240,000
    Estimated value
    2.39 AC lot
    View details
    590 Industrial SE Dr
    VACANT COMMERCIAL LAND

    590 Industrial SE Dr, Elgin, MN 55932-9698

    $235,000
    Estimated value
    1.24 AC lot
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    Value Estimation by Request
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    Value Estimation by Request
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    Value Estimation by Request
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    $235,000
    Estimated value
    1.38 AC lot
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    $230,000
    Estimated value
    0.44 AC lot
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    $230,000
    Estimated value
    0.07 AC lot
    View details
    Elgin, MN 55932
    VACANT COMMERCIAL LAND

    Elgin, MN 55932

    $230,000
    Estimated value
    0.13 AC lot
    View details
    Elgin, MN 55932
    INDUSTRIAL - VACANT LAND

    Elgin, MN 55932

    $235,000
    Estimated value
    10.05 AC lot
    View details

    Elgin, MN Land Market Trends and Statistics

    Explore 19 land for sale in Elgin, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,120,914 square feet of properties for sale, with an estimated market value of $6,814,000.

    Sale prices for lots in Elgin, MN start at $819,000, averaging $3,407,000, and reaching up to $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

    Commercial land 2
    Industrial land 2
    Agricultural land / Farmland 1
    Hunting land 1
    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 $3.4M

    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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