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Level Commercial Land
For Sale
$1,650,000

260th Street E, Elko New Market, MN 55020

Land, Elko New Market, MN

Property SizeContact for details
Lot Size10.00 Acres
Days on Market9

Property Features for 260th Street E

General Information

Property type Land
Property subtype Other
Zoning description Business/Commercial, Industrial
Lot features Tree Coverage - Light
High school district Lakeville
Directions From 35W exit onto 260th St E, lot will be on your right.
Standard status Active
APN 089230080
Lot size 10.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 964
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: Kelly Beck · License #40537510
Added: Sep 15 Last Checked: Sep 23 at 6:06PM
MLS# 7137141

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 approximately 10-acre commercial land parcel offers generally level terrain with open acreage and mature trees along portions of the property. The site is currently outside city limits and falls under Scott County zoning jurisdiction. A 2026 survey is available for review.

The property is in Elko New Market, MN, with convenient access to I-35W and proximity to major roadways. Future land-use planning for the area contemplates commercial, business, and limited industrial uses. The parcel’s expansive layout and rural setting provide a substantial land base for evaluating future plans.

Key Highlights

  • Approximately 10 acres of commercial land
  • Generally level terrain with open acreage
  • Mature trees along portions of the property

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Hair Salon Restaurant Nail Salon Veterinary Clinic

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

34
Businesses Nearby

Demographics for 55020, MN

4,053
Population
1,501
Households
2.7
Avg Household Size
38
Median Age
38%
College-Educated
97%
High-School Grad
23.8 sq mi
ZIP Area
170
Density / Sq Mi
$127,159
Median Household Income
$65,728
Median Earnings
$452,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Parcel outside city limits with generally level terrain, mature trees, and convenient access to I-35W.
Where is this commercial land located?
The property is located at 260th Street E Elko New Market, MN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 10 acres of commercial land; Generally level terrain with open acreage; Mature trees along portions of the property
More about this property
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