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Fairmont, MN Land for Sale

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Prime Land Investment Opportunity
Updated: Dec 3, 2025
Prime Land Investment Opportunity

Hwy 90 & N State Street, Fairmont, MN 56031

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3 sqft
Premier investment opportunity.
3.59 acre property.
Exceptional highway visibility.
Advantageous location at the intersection of Hwy 90 and N State Street.
Prominent position within the Fairmont area.
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Industrial Shop and Warehouse Condos
Updated: Feb 21, 2025
Industrial Shop and Warehouse Condos

700 Armstrong Dr, Fairmont, MN 56031

Contact for pricing
1,960 sqft
New construction commercial shop/warehouse/storage space within Fairmont city limits with easy access to I‑90
Maximum contiguous space: 60' deep x 160' wide for 9,600 SF
Divisible for purchases or rentals, with unit sizes from 1,960 to 9,600 SF
Units are separately metered for water, natural gas, electricity, and sewer
All units available for purchase as condos or for rent, with flexible terms
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Commercial Land Parcel
Commercial Land Parcel

1250 Goemann Rd, Fairmont, MN 56031

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1.47 AC lot

1.47-acre parcel with commercial land and buildings zoning, with full access off Highway 90.

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Redevelopment Opportunity in High-Visibility Corridor
Redevelopment Opportunity in High-Visibility Corridor

415 State Street S., Fairmont, MN 56031

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0.74-acre commercial lot ready for redevelopment in Fairmont, MN.

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Cleared Commercial Development Lot
Cleared Commercial Development Lot

415 S State St, Fairmont, MN 56031

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0.74 AC lot

Cleared 0.74-acre commercial lot with prior structure removed and zoning suited for retail and other commercial uses.

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Walmart Outlot Land For Sale
Walmart Outlot Land For Sale

1250 Goemann Rd (Pad 1), Fairmont, MN 56031

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1.08 AC lot

1.08 acre commercial land available as Walmart outlot.

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Walmart Outlot Land For Sale
Walmart Outlot Land For Sale

1250 Goemann Rd (Pad 2), Fairmont, MN 56031

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1.47 AC lot

1.47 acre commercial land available as Walmart outlot.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

Tillable Agricultural Land Tract
Tillable Agricultural Land Tract

35675 96th St, Blue Earth, MN 56013

$839,625
67.17 AC lot

Large farmland offering with 65.17 tillable acres available for the 2026 season.

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Buildable Lot in Blue Earth
Buildable Lot in Blue Earth

S Ramsey Street, Blue Earth, MN 56013

$34,000
0.39 AC lot

Residential land with established trees in a great location.

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Residential Land in Country Club Estates
Residential Land in Country Club Estates

1641 365th Avenue, Estherville, IA 51334

Contact for pricing
0.34 AC lot

Residential land with utilities in sought-after Country Club Estates.

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Residential Lot in Country Club
Residential Lot in Country Club

1640 365th Avenue, Estherville, IA 51334

Contact for pricing
0.38 AC lot

Residential lot with utilities, near golf course and downtown.

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Off-Market Properties in Fairmont, MN

Consider similar Off-Market properties in Fairmont, 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.

519 Pr Ave
VACANT COMMERCIAL LAND

519 Pr Ave, Fairmont, MN 56031-2737

$235,000
Estimated value
0.18 AC lot
View details
1600 Incinerator Rd
VACANT COMMERCIAL LAND

1600 Incinerator Rd, Fairmont, MN 56031

$95,000
Estimated value
15.56 AC lot
View details
481 13th St
VACANT COMMERCIAL LAND

481 13th St, Fairmont, MN 56031

Value Estimation by Request
0.13 AC lot
View details
277 Amber Lk Dr
VACANT COMMERCIAL LAND

277 Amber Lk Dr, Fairmont, MN 56031-3402

$250,000
Estimated value
39.10 AC lot
View details
700 12th St
INDUSTRIAL - VACANT LAND

700 12th St, Fairmont, MN 56031

$495,000
Estimated value
1.41 AC lot
View details
700 12th St
INDUSTRIAL - VACANT LAND

700 12th St, Fairmont, MN 56031

$495,000
Estimated value
0.37 AC lot
View details
Fairmont, MN 56031
VACANT COMMERCIAL LAND

Fairmont, MN 56031

$505,000
Estimated value
0.13 AC lot
View details
201 7th St
INDUSTRIAL - VACANT LAND

201 7th St, Fairmont, MN 56031

$245,000
Estimated value
0.04 AC lot
View details
905 4th St
INDUSTRIAL - VACANT LAND

905 4th St, Fairmont, MN 56031-4014

$245,000
Estimated value
1.24 AC lot
View details
1251 Goemann Rd
VACANT COMMERCIAL LAND

1251 Goemann Rd, Fairmont, MN 56031-4659

$155,000
Estimated value
2.27 AC lot
View details
1105 State St
VACANT COMMERCIAL LAND

1105 State St, Fairmont, MN 56031-3740

$785,000
Estimated value
2.01 AC lot
View details
1329 8th St
INDUSTRIAL - VACANT LAND

1329 8th St, Fairmont, MN 56031-3862

$70,000
Estimated value
2.47 AC lot
View details
1100 2nd St
VACANT COMMERCIAL LAND

1100 2nd St, Fairmont, MN 56031

$70,000
Estimated value
0.31 AC lot
View details
215 3rd St
VACANT COMMERCIAL LAND

215 3rd St, Fairmont, MN 56031-1806

$255,000
Estimated value
0.25 AC lot
View details
219 3rd St
VACANT COMMERCIAL LAND

219 3rd St, Fairmont, MN 56031-1806

$255,000
Estimated value
0.18 AC lot
View details
305 Downtown Plz
VACANT COMMERCIAL LAND

305 Downtown Plz, Fairmont, MN 56031-1713

$260,000
Estimated value
0.02 AC lot
View details
416 Blue Earth Ave
VACANT COMMERCIAL LAND

416 Blue Earth Ave, Fairmont, MN 56031-3947

$155,000
Estimated value
0.27 AC lot
View details

Fairmont, MN Land Market Trends and Statistics

Explore 72 land for sale in Fairmont, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 209,309 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 7
Industrial land 2

Demographics Overview

Population 12K
Population Growth (5Y) -0.4%
Median Household Income $61,475
College Educated 35.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56031 $75K

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $49.48 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Fairmont fall within the under-1-acre range.

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