Elgin, MN
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    Elgin, MN Land for Sale

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    Zumbro Falls, MN Oronoco, MN Rochester, MN
    Recreation and Tillable Land Tract
    $819,000
    78.00 Acres
    Recreation and Tillable Land Tract

    8615 50th Ave NE, Elgin, MN 55932

    A 78+ acre mix of 42+ tillable farmland and timber, offering recreational use and potential building areas.
    • 78+/- acre farm in Farmington Township, Olmsted County, MN (8615 50th Ave NE, Elgin, MN 55932)
    • 42+/- tillable acres with 87.4 CPI
    • Tillable soils noted as well‑drained Downs, Tama, and Lindstrom silt loam
    • 36+/- timber acres for additional land cover
    • Recreational opportunities with potential building site(s) on the property
    Updated: Jun 10
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    Elgin, MN Mining Opportunity
    $5,995,000
    38.40 Acres
    Elgin, MN Mining Opportunity

    TBD County Rd 67, Elgin, MN 55932

    Active mining operation with permits and abundant reserves on 38.4+/-acres.
    • Active mining permits and approvals included, allowing for immediate operations.
    • Substantial reserves on 38.4+\/- acres, ensuring long‑term operation.
    • Existing processed inventory (bedding sand) sufficient for approximately one year of operations.
    • Established reputation for quality products and service.
    • Opportunity to acquire operational equipment through negotiation.
    Updated: Mar 21, 2025
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    Elgin Business Park Land
    $63,162
    1.16 Acres
    Elgin Business Park Land

    Land for sale in Elgin Business Park with city utilities.

    705 Industrial Dr SE, Elgin, MN

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 3 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, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Family Residential Lot
    $224,900
    2.36 Acres
    Single-Family Residential Lot

    Residential-single-family lot in Salley Hill Subdivision with cul-de-sac setting and river-adjacent surroundings.

    Siems Lane NE, Rochester, MN 55906

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    Residential Land Near Mayo Clinic
    $295,000
    4.22 Acres
    Residential Land Near Mayo Clinic

    Residential lots with natural amenities, convenient to Mayo Clinic.

    2951 Serenity Lane NE, Rochester, MN 55906

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    Land Available in Oronoco
    $374,377
    Land Available in Oronoco

    Land for sale in Olmsted County, Minnesota.

    TBD 2 44th Avenue NW, Oronoco, MN 55960

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    Land Parcels Near Rochester, MN
    $450,000
    5.57 Acres
    Land Parcels Near Rochester, MN

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

    2nd Ave SE, Oronoco, MN 55960

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres
    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879

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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
    Lot: 1.30 Acres
    Value Estimation by Request

    675 Industrial SE Dr, Elgin, MN 55932-9699

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    680 Industrial SE Dr
    VACANT COMMERCIAL LAND
    Lot: 2.73 Acres
    Value Estimation by Request

    680 Industrial SE Dr, Elgin, MN 55932-9699

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    335 1st SE St
    VACANT COMMERCIAL LAND
    Lot: 1.07 Acres
    Value Estimation by Request

    335 1st SE St, Elgin, MN 55932

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    30 5th SE Ave
    VACANT COMMERCIAL LAND
    Lot: 5.86 Acres
    Value Estimation by Request

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

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    705 Industrial SE Dr
    VACANT COMMERCIAL LAND
    Lot: 1.16 Acres

    705 Industrial SE Dr, Elgin, MN 55932-9747

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    620 Industrial SE Dr
    VACANT COMMERCIAL LAND
    Lot: 2.39 Acres
    Value Estimation by Request

    620 Industrial SE Dr, Elgin, MN 55932-9699

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    590 Industrial SE Dr
    VACANT COMMERCIAL LAND
    Lot: 1.24 Acres
    Value Estimation by Request

    590 Industrial SE Dr, Elgin, MN 55932-9698

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Lot: 1.38 Acres
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Lot: 0.44 Acres
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Lot: 0.07 Acres
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    VACANT COMMERCIAL LAND
    Lot: 0.13 Acres
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN 55932
    INDUSTRIAL - VACANT LAND
    Lot: 10.05 Acres
    Value Estimation by Request

    Elgin, MN 55932

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    Elgin, MN Land Investment Opportunities Market Analysis

    Explore 18 land for sale in Elgin, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,877,162.

    Sale prices for lots in Elgin, MN start at $63,162, averaging $2,292,387, 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

    Industrial land 2
    Agricultural land / Farmland 1
    Commercial land 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 $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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