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Northfield, MN Land for Sale

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In-Fill Development Land Opportunity
Updated: Mar 24
In-Fill Development Land Opportunity

Division Street S, Northfield, MN 55057

$1,775,000
11.70 AC lot
Development opportunity with water available
In‑fill acreage within Northfield city limits along Division Street on the south side of town
N2‑B zoning supports a wide range of residential, mixed‑use, and select neighborhood commercial/retail uses (subject to city approvals)
Located between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street
Natural features include mature hardwood trees, wetlands, and seasonal wildlife
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Commercial Industrial Land Parcel
Updated: Oct 15, 2025
Commercial Industrial Land Parcel

Outlot Honeylocust, Northfield, MN 55057

$899,787
9.27 AC lot
Commercial/industrial land parcel in Northfield
Water available
Access to Hwy 3
Final parcel is subject to survey
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3.4-Acre Buildable Lot
3.4-Acre Buildable Lot

30070 Ashby Ct, Northfield, MN 55057

$199,900
3.40 AC lot

3.4-acre lot in a peaceful rural setting.

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Commercial/Industrial Development Land
Commercial/Industrial Development Land

1400 Lonsdale Blvd W, Northfield, MN 55057

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8.26 AC lot

Zoned 3A for commercial, industrial, and public utility uses with strong access and visibility to major highways.

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Highway Commercial Zoned Development Site
Highway Commercial Zoned Development Site

501 Professional Drive, Northfield, MN 55057

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Over one-acre commercial parcel zoned Highway Commercial (C2), positioned for a range of retail, office, service, and dining uses.

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Commercial/Industrial Land Site
Commercial/Industrial Land Site

1400 Lonsdale Blvd W, Northfield, MN 55057

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8.26 AC lot

Fee simple sale of an 8.26-acre commercial/industrial parcel served by Interstate 35 in Northfield, Minnesota.

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191 Acres Development Opportunity
191 Acres Development Opportunity

Interstate-35 And County Road 2, Northfield, MN 55020

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191.00 AC lot

191 acres available for development in Elko New Market.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 7 Active listings in Northfield, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Hunting and Tillable Acres
Hunting and Tillable Acres

Canby Avenue, Webster, MN 55088

$1,200,000
103.03 AC lot

103.03-acre tract with 64.8 tillable acres, wooded areas, and creek, plus two building rights for small acreage development.

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Rolling Agricultural Land Tract
Rolling Agricultural Land Tract

4081 Dassel Avenue, Webster, MN 55088

$649,900
31.70 AC lot

Rolling countryside with 26 acres tillable, offering flexibility for agricultural use and potential subdivision subject to due diligence.

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Land Near I-35W and Retail
Land Near I-35W and Retail

26033 Market Place Blvd, Elko New Market, MN

Contact for pricing
1.69 AC lot

Commercial land with high visibility near I-35W and retail.

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Build-Ready Home Lot
Build-Ready Home Lot

26381 Preserve Dr, Elko New Market, MN

$105,000

Build-ready homesite offers quick access to 35W and is within the Lakeville School District.

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Off-Market Properties in Northfield, MN

Consider similar Off-Market properties in Northfield, 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.

2 Interstate-35 And County Rd
Land

2 Interstate-35 And County Rd, Northfield, MN 55020

Value Estimation by Request
198.00 AC lot
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1401 Division St
Land

1401 Division St, Northfield, MN 55057

Value Estimation by Request
11.70 AC lot
View details

Northfield, MN Land Market Trends and Statistics

Explore 9 land for sale in Northfield, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 10,101,128 square feet of properties for sale, with an estimated market value of $2,874,687.

Sale prices for lots in Northfield, MN start at $199,900, averaging $958,229, and reaching up to $1,775,000 — 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 5
Industrial land 3
Residential land & home lots 3

Demographics Overview

Population 25K
Population Growth (5Y) +1.5%
Median Household Income $97,521
College Educated 72.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55057 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.55%
Property Tax per SF $43.22 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rice County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Northfield fall within the 10 to 20 acres range.

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