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Watertown, MN Land for Sale

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Residential Development Land Parcel
Updated: Jul 2
Residential Development Land Parcel

2510 Hutchinson Rd, Watertown, MN 55388

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31.81 AC lot
31.81‑acre vacant land in Watertown, Minnesota, with road frontage on Hutchinson Road.
Located in growing Carver County, near Twin Cities amenities, schools, and highways.
Includes open fields, mature trees, and natural features for residential lot, conservation, or cluster‑style development.
Adjacent lots at 615 High St. and the back side of 709 Jefferson Ave. may be available to combine for a larger‑scale subdivision.
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Residential Development Land Near Park
Updated: Oct 15, 2025
Residential Development Land Near Park

Kristi Ln & Robert St, Watertown, MN

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30.00 AC lot
Approximately 30 acres of residential development property.
Preliminary city approval for 36 single family homes.
City fees for park dedication and sewer/water access waived for 36 lots.
Adjacent to Luce Line Trail and Oak Grove Community Park.
Engineering has been completed.
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Commercial Retail Land
Commercial Retail Land

555 Industrial Boulevard, Watertown, MN 55388

$128,750

A serviced commercial parcel offers access to paved roads and several available utilities.

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Development Land Ready For Building
Development Land Ready For Building

Newton Ave SE, Watertown, MN 55388

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6.78 AC lot

6.780 acres ready to be developed into 4 lots.

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Commercial-Retail Land
Commercial-Retail Land

516 Industrial Boulevard, Watertown, MN 55388

$76,000
33,105 sqft

Commercial-retail zoning with paved-road access and municipal utilities available.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Watertown, 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.

Land with Berliner Lake Shoreline
Land with Berliner Lake Shoreline

000 Highway 25, Mayer, MN 55360

$712,880
38.00 AC lot

38-acre property near Mayer, MN, with lake access.

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Certified Organic Farmland
Certified Organic Farmland

127 Xx 58th St, Mayer, MN 55360

$1,549,900

Organic agricultural acreage with substantial tillable ground, rolling terrain, and residential building potential near Mayer.

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Industrial-Zoned Land
Industrial-Zoned Land

XXX 10th Street 10th Street, Waconia, MN 55387

$6,903,750

Land with industrial and residential zoning designations in Waconia.

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Commercial Land Pad Sites
Commercial Land Pad Sites

850 Village Wy, Waconia, MN 55387

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1.99 AC lot

Pad sites offered with options for drive-thru, end caps, and patios within a growing Waconia shopping center area.

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Off-Market Properties in Watertown, MN

Consider similar Off-Market properties in Watertown, 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.

Watertown, MN Land Market Trends and Statistics

Explore 7 land for sale in Watertown, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,020,885 square feet of properties for sale, with an estimated market value of $204,750.

Sale prices for lots in Watertown, MN start at $76,000, averaging $102,375, and reaching up to $128,750 — 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 3
Commercial land 2

Demographics Overview

Population 5,974
Population Growth (5Y) +2.0%
Median Household Income $92,273
College Educated 28.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55388 $76K

Taxes & Financing

Tax Rate (average for all types) 2.10%
Property Tax per SF $42.15 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

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