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    Owatonna, MN Land for Sale

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    Medford, MN Claremont, MN Waseca, MN
    57 results
    Owatonna Campus Opportunity
    $1,600,000
    11,000 SF

    Owatonna Campus Opportunity

    2350 NW 26th Street, Owatonna, MN 55060

    7.6 acres with 11,000+ SF building near hospital.

    • 7.6‑acre wooded site near hospital, clinic & I‑35
    • 11,000+ SF building constructed in 2003
    • Flexible layout with walkout lower level
    • Ideal for medical, senior living, nonprofit, education, residential conversion or redevelopment
    • Central Air and Forced Air Heating
    Updated: Apr 16
    View details
    Owatonna Land Near Industrial Park
    $850,000
    39.48 Acres

    Owatonna Land Near Industrial Park

    Tbd 18th Street SW, Owatonna, MN 55060

    Commercial or agricultural land with easy access to highways.

    • Large 40‑acre property suitable for commercial or agricultural use.
    • Located in the Industrial Park.
    • Paved road access.
    • Easy access to I‑35W.
    • Easy access to Hwy 14.
    Updated: Dec 16, 2025
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    Residential Lot in Established Area
    $44,900
    0.29 Acres

    Residential Lot in Established Area

    Vacant residential lot in NE Owatonna, great future home site.

    396 Hickory Lane NE, Owatonna, MN 55060
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    Owatonna Land for Business Growth
    $4,000,000
    78.77 Acres

    Owatonna Land for Business Growth

    78.77 acres suitable for business or agricultural development.

    Tbd NW 26th Street, Owatonna, MN 55060
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    Residential Lot in Owatonna
    $54,900
    0.26 Acres

    Residential Lot in Owatonna

    Residential lot available in established Owatonna neighborhood.

    1585 Wood Duck Lane NE, Owatonna, MN 55060
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    Residential Lot in Owatonna, MN
    $48,900
    0.26 Acres

    Residential Lot in Owatonna, MN

    Residential lot available in Owatonna, Minnesota, build to suit.

    1715 Wood Duck Lane NE, Owatonna, MN 55060
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    Commercial Lot in Owatonna, MN
    $150,000
    0.69 Acres

    Commercial Lot in Owatonna, MN

    Commercial lot available on the northwest edge of town.

    160 26th Street NW, Owatonna, MN 55060
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    Prime Commercial Land I-35 Frontage
    $1,400,000

    Prime Commercial Land I-35 Frontage

    Commercial land with I-35 frontage and high exposure.

    140 Alexander Drive SE Owat, Owatonna, MN 55060
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    Residential Lot in Established Neighborhood
    Contact for pricing
    0.30 Acres

    Residential Lot in Established Neighborhood

    Residential lot available in Owatonna, paved streets, no assessments.

    2594 Stony Creek Drive, Owatonna, MN 55060
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    Residential Land in Maple Creek Estates
    $84,000
    0.33 Acres

    Residential Land in Maple Creek Estates

    Residential land for sale in Owatonna's Maple Creek Estates.

    2179 Maple Leaf Lane NE, Owatonna, MN 55060
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    Residential Lot in Owatonna, MN
    $62,895
    0.28 Acres

    Residential Lot in Owatonna, MN

    Premium single-family new construction lot in a desirable location.

    2574 Stony Creek Drive, Owatonna, MN 55060
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    Residential Lot in Owatonna, MN
    $49,000
    0.26 Acres

    Residential Lot in Owatonna, MN

    Corner lot in a desirable neighborhood, ready for new construction.

    Evergreen Place NE, Owatonna, MN 55060
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    Commercial Lot in Owatonna, MN
    $100,000
    0.91 Acres

    Commercial Lot in Owatonna, MN

    Commercial lot available in North Bluff Estates, Owatonna, Minnesota.

    Xxx NE LandMark Drive NE, Owatonna, MN 55060
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    Owatonna Retail Pad Site
    Contact for pricing

    Owatonna Retail Pad Site

    Pad site available for ground lease in Owatonna's retail area.

    1450 21ST AVE NW |, Owatonna, MN 55060
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    Residential Lot in Owatonna, MN
    $62,895
    0.26 Acres

    Residential Lot in Owatonna, MN

    Residential lot ready for new construction in Owatonna, Minnesota.

    2104 Harbour Oak Drive SE, Owatonna, MN 55060
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    Residential Land in Owatonna
    $120,000
    2.12 Acres

    Residential Land in Owatonna

    2-acre lot suitable for one to three residences.

    Xxx Anderson Place, Owatonna, MN 55060
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    Residential Land in Owatonna, MN
    $35,000
    0.58 Acres

    Residential Land in Owatonna, MN

    Wooded lot for building a dream home with highway access.

    Tbd Breckenridge Place NW, Owatonna, MN 55060
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    Owatonna Redevelopment Land Opportunity
    $395,000
    0.98 Acres

    Owatonna Redevelopment Land Opportunity

    0.98 acres available near Federated Mutual Insurance headquarters.

    1930-1940 S Cedar Ave, Owatonna, MN
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    Owatonna Commercial Land For Sale
    $250,000
    1.83 Acres

    Owatonna Commercial Land For Sale

    1.83 acre commercial land in Owatonna, Minnesota.

    Xxx LandMark Drive NE, Owatonna, MN 55060
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    Owatonna Land Near I-35
    Contact for pricing
    27.63 Acres

    Owatonna Land Near I-35

    27.63 acres of land accessible and visible from I-35.

    1067 24th Ave, Owatonna, MN
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    Residential Land in Established Subdivision
    $49,000
    0.23 Acres

    Residential Land in Established Subdivision

    Residential land for sale in Owatonna, MN, near I-35.

    Creek View Lane, Owatonna, MN 55060
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    Owatonna Land Parcels For Sale
    Contact for pricing
    3.70 Acres

    Owatonna Land Parcels For Sale

    Multiple land parcels near downtown Owatonna and major employers.

    Lemond Rd & Riverwood Dr, Owatonna, MN
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    Residential Lot in Owatonna, MN
    $66,895
    0.30 Acres

    Residential Lot in Owatonna, MN

    Premium lot for custom home construction in desirable Owatonna location.

    2465 Fox Hollow Lane, Owatonna, MN 55060
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    Residential Land in Owatonna, MN
    $49,900
    0.26 Acres

    Residential Land in Owatonna, MN

    Residential lots available for new home construction in Owatonna.

    1467 Nottingham Drive SE, Owatonna, MN 55060
    View details

    Owatonna, MN Land Investment Opportunities Market Analysis

    Explore 66 land for sale in Owatonna, MN, showcased through 57 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 $11,801,759.

    Sale prices for lots in Owatonna, MN start at $0.00, averaging $207,048, 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

    Residential land & home lots 43
    Commercial land 11
    Agricultural land / Farmland 2

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55060 $214.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per sq ft
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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