In-Fill Development Land
For Sale
$1,775,000
Division Street S, Northfield, MN 55057
LAND - Northfield, MN
Property SizeContact for details
Lot Size11.70 Acres
Days on Market142
Property Features for Division Street S
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential-Multi-Family
Subdivision
Lot A Of Festler Sub
Lot features
Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Medium, Underground Utilities
High school district
Northfield
Directions
I-35 to MN 19 to Lonsdale Blvd to Division St
Standard status
Active
APN
2206351008
Lot size
11.70 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2025
Utilities
Utilities
Water Available
Listing Agency:
Keller Williams Premier Realty Lake Minnetonka · Keller Williams Realty
(952) 475-0111
Listed By:
Donavon Desmarais
(952) 475-0111
Added: Mar 24
Changed: Jun 29
Last Checked: Aug 12 at 5:06PM
MLS# 7042035
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 11.7-acre development site within Northfield city limits offers a natural setting with mature hardwood trees and wetlands, along with seasonal wildlife. The property is configured as vacant land and is suitable for buyers evaluating residential, mixed-use, or neighborhood commercial development options, subject to city approvals. Current zoning is N2-B, which supports a range of potential project types.
The site is located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School. Northfield High School is directly across the street. Prospective developers should review local requirements and confirm feasibility for any concept with the City of Northfield.
Given the N2-B zoning and the site’s in-fill location, the parcel may be a fit for teams planning multifamily or housing formats such as townhome or villa-style residences, or for select commercial or retail uses, as permitted by the City and approved through the development process. The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, and seller financing is available for qualified buyers. Buyer due diligence with the City is recommended to confirm eligibility and project specifics.
The site is located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School. Northfield High School is directly across the street. Prospective developers should review local requirements and confirm feasibility for any concept with the City of Northfield.
Given the N2-B zoning and the site’s in-fill location, the parcel may be a fit for teams planning multifamily or housing formats such as townhome or villa-style residences, or for select commercial or retail uses, as permitted by the City and approved through the development process. The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, and seller financing is available for qualified buyers. Buyer due diligence with the City is recommended to confirm eligibility and project specifics.
Key Highlights
- Development opportunity with water available
- In‑fill acreage within Northfield city limits along Division Street on the south side of town
- N2‑B zoning supports a wide range of residential, mixed‑use, and select neighborhood commercial/retail uses (subject to city approvals)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 55057, MN
25,519
Population
8,494
Households
3
Avg Household Size
34
Median Age
49%
College-Educated
97%
High-School Grad
124.7 sq mi
ZIP Area
205
Density / Sq Mi
$97,521
Median Household Income
$27,507
Median Earnings
$1,042
Median Rent
$338,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - In-fill acreage with wetlands and mature hardwood trees, zoned N2-B for flexible residential or neighborhood commercial concepts.
Where is this residential land & home lot located?
The property is located at Division Street S Northfield, MN.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Development opportunity with water available; In‑fill acreage within Northfield city limits along Division Street on the south side of town; N2‑B zoning supports a wide range of residential, mixed‑use, and select neighborhood commercial/retail uses (subject to city approvals)
