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    Farmington, MN
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    Farmington, MN Retail Properties & Spaces for Sale

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    New Construction Retail Property
    Updated: Aug 10
    New Construction Retail Property

    4640 Knutsen Drive, Farmington, MN 55024

    $7,133,000
    Completed in 2026
    18‑year lease
    Corporate guaranty
    Located at 4640 Knutsen Drive, Farmington, MN 55024
    Identified as retail space
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Farmington, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Eagan Automotive Retail Opportunity
    Eagan Automotive Retail Opportunity

    1570 Thomas Center Dr, Eagan, MN 55122

    Contact for pricing
    2,100 sqft 0.89 AC lot

    Former Jiffy Lube on 0.89 acres in Eagan.

    View details
    Single-Tenant Retail Building
    Single-Tenant Retail Building

    1600 County Road 42 West, Burnsville, MN 55337

    Contact for pricing
    45,000 sqft

    New Best Buy retail building completed in 2024 with a remaining 11.8-year lease term and strong corridor access.

    View details
    O'Reilly Auto Parts NNN Property
    O'Reilly Auto Parts NNN Property

    1988 Rahncliff Court, Eagan, MN 55122

    Contact for pricing
    5,600 sqft

    Automotive parts retail facility with a NNN lease, renewal options, and access to major Twin Cities transportation corridors.

    View details
    Single-Tenant Walgreens on 1.73 Acres
    Single-Tenant Walgreens on 1.73 Acres

    14700 Lac Lavon Dr, Burnsville, MN

    Contact for pricing
    15,225 sqft 1.73 AC lot

    Freestanding retail property on a high-traffic retail corridor.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeville Commercial Land Parcel
    Lakeville Commercial Land Parcel

    199XX Idealic Ave, Lakeville, MN 55044

    Contact for pricing
    1.18 AC lot

    1.18 acre commercial land in a growing area.

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    Lakeville Land For Sale
    Lakeville Land For Sale

    20830 Keokuk Ave, Lakeville, MN 55044

    $1,120,000
    2 sqft

    Land with frontage on Keokuk Avenue, east of Interstate 35.

    View details
    Commercial Land Near Interstate Interchange
    Commercial Land Near Interstate Interchange

    14450 Nicollet Court, Burnsville, MN 55306

    $1,399,000
    1.67 AC lot

    Commercial land with direct proximity to I-35E and I-35W, near hotels, shopping, restaurants, and medical services.

    View details
    Land For Sale
    Land For Sale

    1X Credit River Road, Prior Lake, MN 55372

    $575,000

    Land available in front of Culvers at 5471 Credit River Road.

    View details

    Off-Market Properties in Farmington, MN

    Consider similar Off-Market properties in Farmington, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    306 Oak St
    GYM, HEALTH SPA

    306 Oak St, Farmington, MN 55024-1359

    Estimated value:
    $425,000
    8,157 sqft 0.21 AC lot
    View details
    21170 Eaton Ave
    SHOW ROOM, WAREHOUSE

    21170 Eaton Ave, Farmington, MN 55024-7966

    Estimated value:
    $1,505,000
    12,151 sqft 1.37 AC lot
    View details
    409 3rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    409 3rd St, Farmington, MN 55024-1354

    Estimated value:
    $275,000
    2,036 sqft 0.12 AC lot
    View details
    302 Oak St
    RETAIL STORES (PERSONAL SERVICES)

    302 Oak St, Farmington, MN 55024-1359

    Estimated value:
    $290,000
    4,500 sqft 0.09 AC lot
    View details
    20 4th St
    AUTO REPAIR, GARAGE

    20 4th St, Farmington, MN 55024-1008

    Estimated value:
    $185,000
    2,400 sqft 0.30 AC lot
    View details
    923 8th St
    RESTAURANT

    923 8th St, Farmington, MN 55024-1435

    Estimated value:
    $4,045,000
    4,158 sqft 4.46 AC lot
    View details
    100 5th St
    AUTO REPAIR, GARAGE

    100 5th St, Farmington, MN 55024-1110

    Estimated value:
    $715,000
    3,360 sqft 0.45 AC lot
    View details
    Farmington, MN 55024
    SHOW ROOM, WAREHOUSE

    Farmington, MN 55024

    Estimated value:
    $895,000
    7,728 sqft 1.38 AC lot
    View details
    5031 208th W St
    AUTO REPAIR, GARAGE

    5031 208th W St, Farmington, MN 55024

    Estimated value:
    $1,115,000
    12,600 sqft 3.45 AC lot
    View details
    5095 211th W St
    SHOW ROOM, WAREHOUSE

    5095 211th W St, Farmington, MN 55024

    Estimated value:
    $775,000
    11,168 sqft 1.80 AC lot
    View details
    216 Oak St
    RETAIL STORES (PERSONAL SERVICES)

    216 Oak St, Farmington, MN 55024-1240

    Estimated value:
    $195,000
    6,048 sqft 0.11 AC lot
    View details
    22096 Canton Ct
    SHOW ROOM, WAREHOUSE

    22096 Canton Ct, Farmington, MN 55024-8505

    Estimated value:
    $350,000
    20,728 sqft 2.32 AC lot
    View details
    309 3rd St
    BAR, TAVERN

    309 3rd St, Farmington, MN 55024-1352

    Estimated value:
    $510,000
    3,764 sqft 0.12 AC lot
    View details
    20522 Akin Rd
    AUTO REPAIR, GARAGE

    20522 Akin Rd, Farmington, MN 55024-8156

    Estimated value:
    $275,000
    3,520 sqft 4.79 AC lot
    View details
    20485 Chippendale W Ave
    AUTO REPAIR, GARAGE

    20485 Chippendale W Ave, Farmington, MN 55024-8029

    Estimated value:
    $330,000
    4,063 sqft 0.87 AC lot
    View details
    Farmington, MN 55024
    AUTO REPAIR, GARAGE

    Farmington, MN 55024

    Estimated value:
    $135,000
    1,440 sqft 0.28 AC lot
    View details
    805 3rd St
    AUTO REPAIR, GARAGE

    805 3rd St, Farmington, MN 55024-1512

    Estimated value:
    $260,000
    4,570 sqft 0.24 AC lot
    View details
    22015 Canton Ct
    SHOW ROOM, WAREHOUSE

    22015 Canton Ct, Farmington, MN 55024-8505

    Estimated value:
    $2,790,000
    27,200 sqft 7.76 AC lot
    View details
    101 3rd St
    AUTO REPAIR, GARAGE

    101 3rd St, Farmington, MN 55024-1005

    Estimated value:
    $280,000
    5,448 sqft 0.34 AC lot
    View details
    4375 170th W St
    DEPARTMENT STORE

    4375 170th W St, Farmington, MN 55024-3200

    Estimated value:
    $390,000
    2,700 sqft 15.00 AC lot
    View details
    212 Oak St
    RETAIL STORES (PERSONAL SERVICES)

    212 Oak St, Farmington, MN 55024-1240

    Estimated value:
    $270,000
    2,688 sqft 0.10 AC lot
    View details
    22098 Canton Ct
    AUTO REPAIR, GARAGE

    22098 Canton Ct, Farmington, MN 55024-8505

    Estimated value:
    $880,000
    17,508 sqft 4.28 AC lot
    View details
    109 Elm St
    SHOPPING CENTER, STRIP CENTER

    109 Elm St, Farmington, MN 55024-1048

    Estimated value:
    $1,395,000
    15,681 sqft 1.67 AC lot
    View details

    Farmington, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Farmington, MN on our real estate platform.

    Sale prices for stores in Farmington, MN average $7,133,000 — 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

    Shopping centers 1

    Demographics Overview

    Population 37K
    Population Growth (5Y) +4.7%
    Median Household Income $123,582
    College Educated 45.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55024 $7.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.33%
    Property Tax per SF $27.55 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Farmington fall within the 50,000 to 100,000 square foot range.

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