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Farmington, MN Land for Sale

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Residential Development Home Lot
Updated: Feb 20
Residential Development Home Lot

19740 Burlington Path, Farmington, MN 55024

$150,000
0.28 AC lot
New development Deer Creek in Empire Township
Easy access to Hwy 3 and Biscayne
Lot reservations available now
Finished model home at 1772 Spruce St, Farmington
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Land Available in Farmington
Updated: Mar 25
Land Available in Farmington

4650 Knutsen Drive, Farmington, MN 55024

Contact for pricing
2 sqft
Two acre land parcel
Located in Farmington, Minnesota
Land
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Sand and Gravel Pit Property
Sand and Gravel Pit Property

5100 235th W Street, Farmington, MN 55024

$1,750,000
6,751,800 sqft

For sale sand and gravel pit with remaining mineable reservoirs and additional tillable land.

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Land Ready for Development
Land Ready for Development

County Rd 50 & Dushane Pkwy, Farmington, MN

Contact for pricing
1.04 AC lot

Commercial land with road infrastructure, ready for retail development.

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Land Available For Sale
Land Available For Sale

18679 Flagstaff Ave, Farmington, MN 55024

$4,000,000

Land available for sale in Farmington, Minnesota.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Farmington, 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.

Residential Lot in Knob Hill
Residential Lot in Knob Hill

5969 Upper 179th Street W, Lakeville, MN 55044

$159,900
0.45 AC lot

Residential lot for sale in Lakeville, Minnesota, ready to build.

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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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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.

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7.99 Acres of Land
7.99 Acres of Land

SWQ I-35 and CR-70, Lakeville, MN 55044

$2,950,000
7.99 AC lot

7.99 acres of land available for sale.

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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.

18679 Flagstaff Ave
Farms

18679 Flagstaff Ave, Farmington, MN 55024

Value Estimation by Request
79.30 AC lot
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Farmington, MN Land Market Trends and Statistics

Explore 6 land for sale in Farmington, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,809,301 square feet of properties for sale, with an estimated market value of $5,900,000.

Sale prices for lots in Farmington, MN start at $150,000, averaging $1,966,666, and reaching up to $4,000,000 — 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

Agricultural land / Farmland 1
Commercial land 1
Residential land & home lots 1

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 $2.1M

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

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