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    Soudan, MN Cook, MN Virginia, MN
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    Lake Vermilion Homesite Opportunity
    Updated: Apr 4
    Lake Vermilion Homesite Opportunity

    80046 Alder Lane, Tower, MN 55790

    $164,500
    0.26 AC lot
    Lake Vermilion Access: Includes 1200' of shoreline and private docking options.
    Enjoy Maintenance‑Free Living with community utilities in place (electric, water, sewer).
    Community Amenities: Access to a clubhouse, two inland ponds, a beach area, and scenic trails.
    Common Land Ownership: Shared ownership of almost 30 acres of prime land with trails.
    Ready to Build: Homesite is ready for building a cabin or lake home.
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    Lake Vermilion Homesite Opportunity
    Updated: Apr 4
    Lake Vermilion Homesite Opportunity

    80052 Tamarack Trail, Tower, MN 55790

    $162,500
    0.24 AC lot
    Lake Vermilion Access: 1200' of shoreline with private docking options.
    Maintenance‑Free Living: Community utilities (electric, water, sewer) are in place.
    Community Amenities: Clubhouse, two inland ponds, beach area, and scenic trails.
    Common Land Ownership: Enjoy almost 30 acres of prime land with trails.
    Opportunity Zone: Potential for development/investment.
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    Pike River Flowage Land Parcel
    Pike River Flowage Land Parcel

    Koski Road, Tower, MN 55790

    $189,000
    9.70 AC lot

    9.7 acre waterfront land near Tower, MN.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80048 Tamarack Trail, Tower, MN 55790

    $124,000
    0.13 AC lot

    Lake Vermilion homesite with community utilities and access to amenities.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80075 Waters of Vermilion Road, Tower, MN 55790

    $139,500
    0.11 AC lot

    Homesite in Waters of Vermilion community with lake access.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80054 Tamarack Trail, Tower, MN 55790

    $119,000
    0.11 AC lot

    Homesite in Waters of Vermilion community with lake access.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80012 Conifer Crest, Tower, MN 55790

    $115,500
    0.10 AC lot

    Homesite in Waters of Vermilion community with lake access.

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    Lake Vermilion Waterfront Land
    Lake Vermilion Waterfront Land

    95150 Bystrom Bay, Tower, MN 55790

    $249,900
    8.86 AC lot

    8.86-acre water access property with 1,115 ft shoreline.

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    Highway Frontage Land Near Tower
    Highway Frontage Land Near Tower

    Highway 135, Tower, MN 55790

    $210,000
    126.25 AC lot

    126.25-acre tract with highway frontage near Mesabi Bike Trail.

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    Tower, MN Waterfront Land Parcel
    Tower, MN Waterfront Land Parcel

    5248 Ely Island S, Tower, MN 55790

    $195,000
    5.19 AC lot

    5.19 acres with 495' of south-facing lakeshore.

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    Lake Vermilion Waterfront Land Parcel
    Lake Vermilion Waterfront Land Parcel

    Pine Narrows lot: 10, Tower, MN 55790

    $189,000
    6.00 AC lot

    6-acre waterfront land with 821 feet of shoreline.

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    Land Near Lake Vermilion
    Land Near Lake Vermilion

    6501 Highway 169, Tower, MN 55790

    $39,950
    9.10 AC lot

    Vacant lot near Lake Vermilion with recreational opportunities.

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    Lake Vermilion Island Land
    Lake Vermilion Island Land

    Meyers Island, Lake Vermilion, Tower, MN 55790

    $195,000
    1.54 AC lot

    1.54 acre island lot with 950' lake frontage.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80034 Sweet Fern Loop, Tower, MN 55790

    $128,500
    0.19 AC lot

    Homesite in Waters of Vermilion community with lake access.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80064 Osprey Pass, Tower, MN 55790

    $135,500
    0.18 AC lot

    Homesite in Waters of Vermilion community with lake access.

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    Lake Vermilion Homesite Opportunity
    Lake Vermilion Homesite Opportunity

    80086 Gruban Circle, Tower, MN 55790

    $109,500
    0.15 AC lot

    Homesite in Waters of Vermilion community with lake access.

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    Recreational Land Near Lake Vermilion
    Recreational Land Near Lake Vermilion

    TBD Parcel S Thomas Rd., Tower, MN 55790

    $39,900
    1.90 AC lot

    Land near Lake Vermilion, ideal for cabin or storage.

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    Lake Vermilion Building Lot
    Lake Vermilion Building Lot

    5773 N Lake Vermilion, Tower, MN 55790

    $124,500
    4.60 AC lot

    4.6 acre waterfront land near Boundary Waters Canoe Area.

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    Lake Vermilion Building Lot
    Lake Vermilion Building Lot

    5773 Lake Vermilion N, Tower, MN 55790

    $124,500
    4.60 AC lot

    4.6 acre lot with 250 ft shoreline on Lake Vermilion.

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    Duffy Island Waterfront Land Parcel
    Duffy Island Waterfront Land Parcel

    Duffy Island, Tower, MN 55790

    $125,000
    0.54 AC lot

    Undeveloped 0.54-acre lot with 100.9 feet of shoreline.

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    Waterfront Recreation Land for Cabin
    Waterfront Recreation Land for Cabin

    TBD Parcel S Thomas Road, Tower, MN 55790

    $39,900
    1.90 AC lot

    Recreation-focused waterfront lot near public lake access, with an easement trail concept for convenient use.

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    Vacant Recreational Waterfront Lot
    Vacant Recreational Waterfront Lot

    6501 Highway 169, Tower, MN 55790

    $39,950
    9.10 AC lot

    Vacant lot near Lake Vermilion with highway access and space suitable for outdoor storage or camping use.

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    Tower, MN Wooded Land Parcel
    Tower, MN Wooded Land Parcel

    6679 Wahlsten Rd, Tower, MN 55790

    $85,000
    37.51 AC lot

    37.51 acres of wooded land near Lake Vermilion.

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    RV Resort Waterfront Lot
    RV Resort Waterfront Lot

    TBD 5 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot

    Waterfront RV lot with boat slip access to Lake Vermillion and on-site city sewer, water, and 50-amp power.

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    Tower, MN Land Market Trends and Statistics

    Explore 54 land for sale in Tower, MN, showcased through 45 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 $5,325,600.

    Sale prices for lots in Tower, MN start at $31,900, averaging $118,346, and reaching up to $474,500 — 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

    Waterfront Land 23
    Residential land & home lots 17
    Recreation land 15
    Commercial land 1

    Demographics Overview

    Population 1,933
    Population Growth (5Y) -3.5%
    Median Household Income $74,732
    College Educated 46.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55790 $112.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $30.81 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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