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Industrial Land Near Hwy 3
New
For Sale
$1,099,000

Outlot Riverview Drive, Northfield, MN 55057

Land, Northfield, MN

Property SizeContact for details
Lot Size15.34 Acres
Days on Market2

Property Features for Outlot Riverview Drive

General Information

Property type Land
Property subtype Other
Zoning description Industrial
Subdivision Outlot B Gleason 3rd Add
High school district Northfield
Directions Hwy. 3 to west on Riverview Drive right on Honeylocust
Standard status Active
APN 2211154008
Lot size 15.34 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14826

Utilities

Utilities Water Available
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: Eric J. Frank · License #20412028
Added: Oct 15 Last Checked: Oct 16 at 8:06PM
MLS# 7160537

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.

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Investment Insights

Based on property information with market context.

This 15.34-acre industrial land offering in Northfield includes completed ponding for development and water availability. The parcel is accessible from Hwy 3, with retail, grocery, dining, and recreation destinations nearby, including Target, Cub Foods, restaurants, and the Northfield Ice Arena.

Key Highlights

  • 15.34 acres of industrial land
  • Access to Hwy 3
  • Development ponding is complete

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Completed ponding and available water service are established site features.
Where is this industrial land located?
The property is located at Outlot Riverview Drive Northfield, MN.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 15.34 acres of industrial land; Access to Hwy 3; Development ponding is complete
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