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    Elko New Market, MN
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    Elko New Market, MN Residential Land & Home Lots for Sale

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    LAND - Elko New Market, MN
    Updated: Aug 4
    LAND - Elko New Market, MN

    8920 E 250th Street, Elko New Market, MN 55020

    $725,000
    13.27 AC lot
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    Development Land for Multifamily
    Updated: Apr 10
    Development Land for Multifamily

    251 Main Street, New Market, MN 55054

    Contact for pricing
    1.60 AC lot
    1.6‑acre development land on Main Street in Elko New Market
    R5 Downtown Residential zoning permits multiple‑family dwelling structures with 6+ units
    More than one principal building allowed on the base lot
    Electric, water, and sewer available on the property
    Current single‑family home is a tear down (SF grandfather clause expiration)
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    Residential Land Development Opportunity
    Residential Land Development Opportunity

    James Pkwy, Elko New Market, MN

    Contact for pricing
    3.19 AC lot

    Land development opportunity in a high-density residential district.

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

    2X Xerxes Ave, Elko New Market, MN 55020

    Contact for pricing
    30.00 AC lot

    Development property with sewer and water available within the Lakeville school district.

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    Build-Ready Homesite Lot
    Build-Ready Homesite Lot

    26341 Preserve Dr, Elko New Market, MN

    $115,000

    Build-ready homesite with convenient access to 35W and within the Lakeville School District.

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    Build-Ready Home Lot
    Build-Ready Home Lot

    26361 Preserve Dr, Elko New Market, MN 55054

    $105,000

    Build-ready homesite offering quick access to 35W in the Lakeville School District.

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    Build-Ready Home Lot
    Build-Ready Home Lot

    26351 Preserve Dr, Elko New Market, MN

    $115,000

    Build-ready homesite with convenient access to 35W and access to Lakeville School District.

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    Build-Ready Home Lot
    Build-Ready Home Lot

    26381 Preserve Dr, Elko New Market, MN

    $105,000

    Build-ready homesite offers quick access to 35W and is within the Lakeville School District.

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    Elko New Market Land Parcel
    Elko New Market Land Parcel

    260th St E & Natchez Ave, Elko New Market, MN

    Contact for pricing
    8.62 AC lot

    Approximately 10-acre site in Elko New Market, Minnesota.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Elko New Market, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Acreage Lots in Rice Lake
    Acreage Lots in Rice Lake

    23804 Hall Drive, Lakeville, MN 55044

    $250,000
    2.88 AC lot

    Two 2.5+ acre lots perfect for building your dream home.

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    Acreage Lots in Rice Lake
    Acreage Lots in Rice Lake

    23858 Hall Drive, Lakeville, MN 55044

    $265,000
    2.55 AC lot

    Over 2.5 acre lots perfect for building your dream home.

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    Rolling Acreage Homesite with Views
    Rolling Acreage Homesite with Views

    Prior Lake, MN 55372

    $390,000
    7.24 AC lot

    Spanning 7.24 acres in The Ranch of Credit River, this homesite supports a custom build with long-range views.

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    South-Facing Buildable Acreage Lot
    South-Facing Buildable Acreage Lot

    7981 207th St E, Prior Lake, MN 55372

    $289,000
    2.50 AC lot

    Build-ready residential lot with south exposure, mature trees, and room for a walkout lower level.

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    Elko New Market, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 9 residential land & home lots for sale in Elko New Market, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 2,468,981 square feet of properties for sale, with an estimated market value of $1,165,000.

    Sale prices for home sites in Elko New Market, MN start at $105,000, averaging $233,000, and reaching up to $725,000 — 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 5
    Commercial land 2

    Demographics Overview

    Population 6,973
    Population Growth (5Y) +7.8%
    Median Household Income $136,300
    College Educated 53.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $45.81 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Scott County

    New Delisted

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    Most Searched ZIP Codes in Elko New Market, MN

    • 55020
    • 55054

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