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    Owatonna, MN
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    Owatonna, MN Land for Sale

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    Owatonna Land for Business Growth
    Updated: Jun 11, 2025
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot
    Suited for growth and opportunities.
    Great space for expanding a business.
    Ideal for starting a new business.
    Property is waiting for the buyer.
    Location coordinates: [-93.26435,44.10345].
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    Commercial Land with Water Available
    Updated: Apr 24, 2025
    Commercial Land with Water Available

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot
    0.69‑acre commercial land parcel
    Water available at the site
    160 26th Street NW, Owatonna, MN 55060
    Located on the northwest edge of town
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    Residential Land in Owatonna, MN
    Residential Land in Owatonna, MN

    Breckenridge Place NW, Owatonna, MN 55060

    $35,000
    0.58 AC lot

    Wooded lot for building a dream home with highway access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Buildable Platted Residential Lot
    Buildable Platted Residential Lot

    2530 Mossy Creek Dr Ne, Owatonna, MN 55060

    $59,900
    0.75 AC lot

    Platted .75-acre lot in North Country Addition, offering a buildable site for a custom home plan.

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    Land, Owatonna, MN
    Land, Owatonna, MN

    S Lincoln Avenue, Owatonna, MN 55060

    $45,000
    0.31 AC lot

    Land · 0.31 Acres

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    Commercial Land with Water Available
    Commercial Land with Water Available

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    Parcel within North Bluff Estates, positioned for commercial development in Owatonna.

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    Commercial Land Parcel
    Commercial Land Parcel

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    Commercial development site with water available.

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    Zoned Development Land with Two Lots
    Zoned Development Land with Two Lots

    4th Ave SE & 22nd St SE, Owatonna, MN 55060

    Contact for pricing
    3.89 AC lot

    Two-lot tract offers B-2 and R-6 zoning for flexible commercial and residential development planning.

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    Land, Owatonna, MN
    Land, Owatonna, MN

    2530 Mossy Creek Drive NE, Owatonna, MN 55060

    $59,900
    0.75 AC lot

    Land · 0.75 Acres

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    Commercial Land for Medical Expansion
    Commercial Land for Medical Expansion

    155 28th St NE, Owatonna, MN 55060

    Contact for pricing

    Expansion site within an established medical office setting with B2 Community Business zoning.

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    Residential Building Lot on Cul-de-Sac
    Residential Building Lot on Cul-de-Sac

    2205 NE Maple Leaf Lane, Owatonna, MN 55060

    Contact for pricing
    0.36 AC lot

    Residential lot on a quiet cul-de-sac with utilities and curb-and-gutter included.

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    Cul-de-Sac Residential Build Lot
    Cul-de-Sac Residential Build Lot

    2220 Maple Leaf Ln, Owatonna, MN 55060

    Contact for pricing
    0.96 AC lot

    Nearly 1-acre residential lot on a quiet cul-de-sac with utilities and curb-and-gutter streets included.

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    Prime Commercial Land I-35 Frontage
    Prime Commercial Land I-35 Frontage

    140 Alexander Drive SE Owat, Owatonna, MN 55060

    Contact for pricing

    Commercial land with I-35 frontage and high exposure.

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    Residential Building Lot
    Residential Building Lot

    1715 Wood Duck Lane NE, Owatonna, MN 55060

    $48,900

    Buildable residential lot in Steele County with access via Wood Duck Lane NE.

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    Vacant Land
    Vacant Land

    2550 Stony Creek Dr NE, Owatonna, MN 55060

    $62,895

    Residential land & home lots

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    Vacant Land
    Vacant Land

    1585 Wood Duck Ln NE, Owatonna, MN 55060

    $54,900

    Residential land & home lots

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    Owatonna Retail Pad Site
    Owatonna Retail Pad Site

    1450 21ST AVE NW |, Owatonna, MN 55060

    Contact for pricing

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

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    Light Industrial Land Opportunity
    Light Industrial Land Opportunity

    1101 SW 24th Ave, Owatonna, MN 55060

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    Industrial land offered for sale, zoned Light Industrial and positioned for access to I-35 in Owatonna.

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    Residential Development Land Lot
    Residential Development Land Lot

    2176 Maple Leaf Ln, Owatonna, MN 55060

    Contact for pricing

    Residential lot in a planned development with paved streets, curb and gutter, and utilities included.

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    Tillable Farmland Parcel
    Tillable Farmland Parcel

    2901 SW 18th Street, Owatonna, MN 55060

    Contact for pricing

    Nearly 40 acres of tillable agricultural land near Owatonna businesses and Riverland Community College.

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    Land
    Land

    2179 Maple Leaf Ln Ne, Owatonna, MN 55060

    $84,000

    Residential land & home lots

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    Residential Land Development Lots
    Residential Land Development Lots

    1875 White Oak Ln NE, Owatonna, MN 55060

    Contact for pricing

    Oversized lots in a residential neighborhood, open to all builders.

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    Land
    Land

    2215 NE Maple Leaf Lane, Owatonna, MN 55060

    Contact for pricing

    Residential land & home lots

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    Land
    Land

    2265 Maple Leaf Ln, Owatonna, MN 55060

    Contact for pricing

    Residential land & home lots

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    Owatonna, MN Land Market Trends and Statistics

    Explore 55 land for sale in Owatonna, MN, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 4,071,024 square feet of properties for sale, with an estimated market value of $6,174,779.

    Sale prices for lots in Owatonna, MN start at $35,000, averaging $212,923, 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

    Residential land & home lots 31
    Commercial land 9
    Agricultural land / Farmland 2
    Industrial land 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    55060 $212.9K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

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