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Underwood, MN Land for Sale

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Found 14 land listings for sale in Underwood, MN, averaging $11,491/acre. Use valuation data to compare deals faster.
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Fiske Lake Waterfront Land
Updated: Oct 19
Fiske Lake Waterfront Land

2XXXX Oakdale Rd Parcel A, Underwood, MN 56586

$299,900
20.00 AC lot
20 acres of land with tillable acreage
Nearly 2,100 feet of undeveloped shoreline on Fiske Lake
Fiske Lake spans 253 acres and reaches depths of 26 feet
Electricity available
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Lakefront Acreage
Updated: Oct 19
Lakefront Acreage

3XXXX 200th St Parcel B, Underwood, MN 56586

$299,900
57.00 AC lot
57+/- acres of waterfront land
Nearly 500 feet of Fiske Lake shoreline
Fiske Lake covers 253 acres and reaches depths of 26 feet
Electricity available
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Maine Twp Land with Frontage
Maine Twp Land with Frontage

290xx County Highway 35, Underwood, MN 56586

$149,900
21.00 AC lot

21-acre land with lake and river frontage.

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Waterfront Peninsula with Boathouse
Waterfront Peninsula with Boathouse

26373 Anna Lake Rd, Underwood, MN 56586

$495,000
3.23 AC lot

A gated, high-ground waterfront peninsula with a 14-by-35 boathouse and deep-water dock potential.

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Wooded Lakefront Land
Wooded Lakefront Land

XXXXX 200th St Parcel D, Underwood, MN 56586

$299,900
46.00 AC lot

A substantial wooded parcel with lake frontage and electricity available.

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Wooded Residential Land Parcel
Wooded Residential Land Parcel

XXXXX German Lake Road, Underwood, MN 56586

$35,000
2.92 AC lot

Nearly 3-acre wooded parcel along German Lake Road south of Underwood, offering a private, natural setting.

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Wooded Building Lot Near Underwood
Wooded Building Lot Near Underwood

XXXXX Co Hwy 35, Underwood, MN 56586

$57,500
6.40 AC lot

6.4 acre wooded lot perfect for building a home.

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Waterfront Lake Lot with Trails
Waterfront Lake Lot with Trails

19318 308th Ave, Underwood, MN 56586

$170,000
2.55 AC lot

Partially wooded lake lot with 200 feet of lake frontage on Long Lake in Underwood.

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Waterfront Land with Shoreline
Waterfront Land with Shoreline

469 N Shore Dr, Underwood, MN 56586

$125,000

Lakeshore parcel with city sewer and water available within town limits.

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Agricultural Land at Highway Intersection
Agricultural Land at Highway Intersection

29xxx County Highway 1, Underwood, MN 56586

$299,000

Agricultural parcel where two highways meet; commercial or mixed-use conversion may require a boundary survey.

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Land
Land

23925 Norway Lake Road, Underwood, MN 56586

$129,900

Waterfront Land

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Riverfront Residential Land
Riverfront Residential Land

Lot 4 River Pointe Trail, Underwood, MN 56586

$179,000

Waterfront parcel with panoramic river views and shoreline, residential-single-family zoning.

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Country Acreage with Building Potential
Country Acreage with Building Potential

28015 Redhead Dr, Underwood, MN 56586

$49,900
2.50 AC lot

2.5+- acre parcel is offered for sale, with seller surveying planned at their cost.

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Vacant Land
Vacant Land

20645 Oakdale Rd, Underwood, MN 56586

$85,000

Waterfront Land

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14 active listings match your search: Land for sale in Underwood, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Farm with Tillable Acreage
Farm with Tillable Acreage

25599 State Highway 210, Fergus Falls, MN 56537

$1,100,000
800 sqft

The property combines cultivated fields with fenced pasture, a residence, outbuildings, and a shop.

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Hunting Land with Oak Timber
Hunting Land with Oak Timber

35058 State Highway 210, Battle Lake, MN 56515

$1,455,000

A varied recreational tract combines established hunting improvements, multiple water features, and utility infrastructure.

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Land Parcel
Land Parcel

Lot 4 Canterbury Sands Trail, Battle Lake, MN 56515

$46,000

Lot-designated property in Otter Tail County reached via Canterbury Sands Road and Canterbury Sands Trail.

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Land
Land

1806 Minnehuta Dr, Fergus Falls, MN 56537

$45,000

Residential land & home lots

View details

Underwood, MN Land Market Trends and Statistics

Explore 14 land for sale in Underwood, MN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 7,039,296 square feet of properties for sale, with an estimated market value of $2,674,900.

Sale prices for lots in Underwood, MN start at $35,000, averaging $191,064, and reaching up to $495,000 — 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

Waterfront Land 9
Residential land & home lots 5
Agricultural land / Farmland 4
Hunting land 1

Demographics Overview

Population 1,798
Population Growth (5Y) -6.7%
Median Household Income $82,333
College Educated 34.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56586 $205K

Taxes & Financing

Tax Rate (average for all types) 1.80%
Property Tax per SF $14.83 per SF
Tax Rate vs County Average 0.47 pp below county avg
Average Loan-to-Value 65.0%

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