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    Owatonna, MN
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    Owatonna, MN Land for Sale

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    Owatonna Land for Business Growth
    Updated: Jun 11, 2025
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot
    Suited for growth and opportunities.
    Great space for expanding a business.
    Ideal for starting a new business.
    Property is waiting for the buyer.
    Location coordinates: [-93.26435,44.10345].
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    Commercial Land with Water Available
    Updated: Apr 24, 2025
    Commercial Land with Water Available

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot
    0.69‑acre commercial land parcel
    Water available at the site
    160 26th Street NW, Owatonna, MN 55060
    Located on the northwest edge of town
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    Residential Land in Owatonna, MN
    Residential Land in Owatonna, MN

    Breckenridge Place NW, Owatonna, MN 55060

    $35,000
    0.58 AC lot

    Wooded lot for building a dream home with highway access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Buildable Platted Residential Lot
    Buildable Platted Residential Lot

    2530 Mossy Creek Dr Ne, Owatonna, MN 55060

    $59,900
    0.75 AC lot

    Platted .75-acre lot in North Country Addition, offering a buildable site for a custom home plan.

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    Land, Owatonna, MN
    Land, Owatonna, MN

    S Lincoln Avenue, Owatonna, MN 55060

    $45,000
    0.31 AC lot

    Land · 0.31 Acres

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    Commercial Land with Water Available
    Commercial Land with Water Available

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    Parcel within North Bluff Estates, positioned for commercial development in Owatonna.

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    Commercial Land Parcel
    Commercial Land Parcel

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    Commercial development site with water available.

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    Zoned Development Land with Two Lots
    Zoned Development Land with Two Lots

    4th Ave SE & 22nd St SE, Owatonna, MN 55060

    Contact for pricing
    3.89 AC lot

    Two-lot tract offers B-2 and R-6 zoning for flexible commercial and residential development planning.

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    Land, Owatonna, MN
    Land, Owatonna, MN

    2530 Mossy Creek Drive NE, Owatonna, MN 55060

    $59,900
    0.75 AC lot

    Land · 0.75 Acres

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    Commercial Land for Medical Expansion
    Commercial Land for Medical Expansion

    155 28th St NE, Owatonna, MN 55060

    Contact for pricing

    Expansion site within an established medical office setting with B2 Community Business zoning.

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    Residential Land Lot with HOA
    Residential Land Lot with HOA

    829 Escalade Ln SE, Owatonna, MN 55060

    $64,395

    Build on your own lot, with an association handling snow removal, lawn care, sanitation, and exterior irrigation.

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    Prime Commercial Land I-35 Frontage
    Prime Commercial Land I-35 Frontage

    140 Alexander Drive SE Owat, Owatonna, MN 55060

    Contact for pricing

    Commercial land with I-35 frontage and high exposure.

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    Residential Building Lot
    Residential Building Lot

    1715 Wood Duck Lane NE, Owatonna, MN 55060

    $48,900

    Buildable residential lot in Steele County with access via Wood Duck Lane NE.

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    Vacant Land
    Vacant Land

    1585 Wood Duck Ln NE, Owatonna, MN 55060

    $54,900

    Residential land & home lots

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    Owatonna Retail Pad Site
    Owatonna Retail Pad Site

    1450 21ST AVE NW |, Owatonna, MN 55060

    Contact for pricing

    Pad site available for ground lease in Owatonna's retail area.

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    Residential-Single-Family Land
    Residential-Single-Family Land

    1310 SE Robin Hood Lane, Owatonna, MN 55060

    $85,900
    19,035 sqft

    The parcel carries Residential-Single Family zoning.

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    Land
    Land

    2179 Maple Leaf Ln Ne, Owatonna, MN 55060

    $85,300

    Residential land & home lots

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    Build-Ready Single-Family Lot
    Build-Ready Single-Family Lot

    865 Escalade SE Lane, Owatonna, MN 55060

    $64,395
    9,147 sqft

    Build-ready lot with an association that handles snow removal, lawn care, sanitation, and exterior irrigation.

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    Lots/Land
    Lots/Land

    2550 Stony Creek NE Drive, Owatonna, MN 55060

    $62,895
    11,325 sqft

    Residential land & home lots · 11,325 SF

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    Residential Land with Association Benefits
    Residential Land with Association Benefits

    725 Escalade Ln Se, Owatonna, MN 55060

    $60,399
    0.21 AC lot

    Land ownership with association-provided exterior maintenance services.

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    Land For Sale
    Land For Sale

    2195 NE Maple Leaf Lane, Owatonna, MN 55060

    $84,000
    14,374 sqft

    Land available for purchase.

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    Lots/Land
    Lots/Land

    2180 NE Maple Leaf NE Lane, Owatonna, MN 55060

    $84,000
    14,810 sqft

    Land · 14,810 SF

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    Lots/Land
    Lots/Land

    2166 NE Maple Leaf Lane, Owatonna, MN 55060

    $62,000
    15,246 sqft

    Residential land & home lots · 15,246 SF

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    Residential Development Lot
    Residential Development Lot

    2199 Maple Leaf Ln Ne, Owatonna, MN 55060

    $92,800

    Build-ready lot in Maple Creek Estates with paved streets, curb and gutter, utilities included, and options like walkouts and basements.

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    Owatonna, MN Land Market Trends and Statistics

    Explore 37 land for sale in Owatonna, MN, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 3,979,245 square feet of properties for sale, with an estimated market value of $5,720,079.

    Sale prices for lots in Owatonna, MN start at $35,000, averaging $248,699, and reaching up to $4,000,000 — 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 15
    Commercial land 8
    Agricultural land / Farmland 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55060 $212.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

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