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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 Land with Highway Access
Updated: Oct 15, 2025
Commercial Land with Highway Access

Outlot Honeylocust, Northfield, MN 55057

$899,787
9.27 AC lot
9.27 acres of commercial land
Access to Hwy 3
Water available
Near Target, Cub Foods, several restaurants, and the Northfield Ice Arena
Final parcel subject to survey
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Highway Commercial Zoned Development Site
Highway Commercial Zoned Development Site

501 Professional Dr, Northfield, MN 55057

$215,000

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

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Vacant Land
Vacant Land

616 Greenvale Ave, Northfield, MN 55057

$110,000

Residential land & home lots

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Land
Land

1908 Erie Drive, Northfield, MN 55057

$98,000

Residential land & home lots

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Land
Land

1812 Erie Drive, Northfield, MN 55057

$98,000

Residential land & home lots

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191 Acres Development Opportunity
191 Acres Development Opportunity

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

Contact for pricing
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.

Hilltop Hobby Farm Acreage
Hilltop Hobby Farm Acreage

16412 Ames Way, Faribault, MN 55021

$165,000
5.62 AC lot

5.62-acre hilltop parcel with about 2.5 acres of tillable yard and mature timber for privacy.

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Acreage Build Site with Utilities
Acreage Build Site with Utilities

3658 Millersburg Blvd, Faribault, MN 55021

$474,900

Rolling acreage with a ready well, drainage tile, and an installed 200-amp single-phase 240-volt service panel.

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Industrial Land Near Highway 52
Industrial Land Near Highway 52

28441 Downing Way, Randolph, MN

Contact for pricing
14.54 AC lot

14-28 acre industrial sites with rail access near Hwy 52.

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Industrial Land Near Highway 52
Industrial Land Near Highway 52

28455 Downing Way, Randolph, MN

Contact for pricing
13.97 AC lot

Available industrial land with rail access and highway proximity.

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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

Estimated value:
No data
198.00 AC lot
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1401 Division St
Land

1401 Division St, Northfield, MN 55057

Estimated value:
No data
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 9,233,413 square feet of properties for sale, with an estimated market value of $3,195,787.

Sale prices for lots in Northfield, MN start at $98,000, averaging $532,631, 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
Residential land & home lots 4
Industrial land 1

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 $749.9K

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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