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Commercial Development Land Across from Target
For Sale
$6,903,750

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

LAND - Waconia, MN

Property SizeContact for details
Lot Size32.80 Acres
Days on Market93

Property Features for XXX 10th Street 10th Street

General Information

Property type Land
Property subtype Other
Zoning description Industrial, Residential-Multi-Family, Residential-Single Family
High school district Waconia
Directions Hwy 5 to main to 10th Street
Standard status Active
Lot size 32.80 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3198

Utilities

Utilities Water Available
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: Jeffrey A. Schulz · License #20331505
Added: May 11 Changed: Jun 29 Last Checked: Aug 11 at 11:06PM
MLS# 7072363

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.

An approximately 32.8-acre commercial development land parcel in Waconia, MN, offering a large footprint for a residential, commercial, retail, or mixed-use project. The property is being marketed as a high-visibility development site intended to support a prominent destination-scale concept.

The site is positioned for strong visibility and exposure, with the listing describing its location directly across from Target. The property is presented with access and prominence suitable for tenants and buyers looking for a well-sited parcel in an active retail environment.

From a tenant and developer perspective, the acreage and configuration support planning flexibility across multiple development directions, including residential, commercial, retail, or mixed-use uses as indicated in the offering materials. For buyers, the property’s size and high-profile placement across from a national retailer may align well with projects that benefit from everyday shopper traffic and easily identifiable presence along 10th Street in Waconia.

Key Highlights

  • Over 32 acres of land in Waconia available for development
  • Land is guided for residential, commercial, retail, or mixed use
  • Utilities include water available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 55387, MN

14,552
Population
5,711
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
98%
High-School Grad
31.5 sq mi
ZIP Area
462
Density / Sq Mi
$109,279
Median Household Income
$62,716
Median Earnings
$1,306
Median Rent
$418,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Over 32 acres of development land with exposure across from Target in Waconia, MN.
Where is this commercial land located?
The property is located at XXX 10th Street 10th Street Waconia, MN.
What is the asking price?
The asking price for this property is $6,903,750.
What are key features of this property?
This property features: Over 32 acres of land in Waconia available for development; Land is guided for residential, commercial, retail, or mixed use; Utilities include water available
More about this property
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