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Farmington, MN

Retail

Farmington, MN Retail Space for Sale

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Lakeville, MN Apple Valley, MN Rosemount, MN Hastings, MN Northfield, MN Saint Paul, MN Burnsville, MN Randolph, MN

New Construction Retail Property

Updated: Aug 7

New Construction Retail Property

4640 Knutsen Drive, Farmington, MN 55024

Contact for pricing

10,104 sqft

Completed in 2026
18‑year lease
Corporate guaranty
Located at 4640 Knutsen Drive, Farmington, MN 55024
Identified as retail space

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 22 Potential Opportunities for your consideration. Besides 1 Active listings in Farmington, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 1 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.

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.

45,050 SF Retail Asset

45,050 SF Retail Asset

15135 Galaxie Ave, Apple Valley, MN 55124

Contact for pricing

45,050 sqft

Retail asset with long-term LA Fitness lease and 7.50% cap.

Retail Center Near Interstate 35W

Retail Center Near Interstate 35W

15662 Pilot Knob Rd, Apple Valley, MN 55124

Contact for pricing

6,979 sqft

Retail center in Apple Valley, convenient access to Interstate 35W.

Burnsville Corner Commercial Opportunity

Burnsville Corner Commercial Opportunity

14801 County Road 5, Burnsville, MN 55306

Contact for pricing

Versatile property with auto repair, fuel sales, and retail.

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.

PUD-Zoned Commercial Land with Frontage

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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.

302 Oak St

RETAIL STORES (PERSONAL SERVICES)

302 Oak St, Farmington, MN 55024-1359

$290,000

Estimated value

4,500 sqft 0.09 AC lot

216 Oak St

RETAIL STORES (PERSONAL SERVICES)

216 Oak St, Farmington, MN 55024-1240

$195,000

Estimated value

6,048 sqft 0.11 AC lot

212 Oak St

RETAIL STORES (PERSONAL SERVICES)

212 Oak St, Farmington, MN 55024-1240

$270,000

Estimated value

2,688 sqft 0.10 AC lot

320 3rd St

RETAIL STORES (PERSONAL SERVICES)

320 3rd St, Farmington, MN 55024-1353

$260,000

Estimated value

3,108 sqft 0.11 AC lot

RETAIL STORES (PERSONAL SERVICES)

341 3rd St, Farmington, MN 55024-1352

$260,000

Estimated value

5,096 sqft 0.10 AC lot

RETAIL STORES (PERSONAL SERVICES)

300 Oak St, Farmington, MN 55024-1359

$255,000

Estimated value

6,344 sqft 0.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

705 8th St, Farmington, MN 55024-1463

$285,000

Estimated value

4,992 sqft 1.34 AC lot

1120 220th W St

RETAIL STORES (PERSONAL SERVICES)

1120 220th W St, Farmington, MN 55024-9734

$690,000

Estimated value

5,660 sqft 72.82 AC lot

3560 213th W St

RETAIL STORES (PERSONAL SERVICES)

3560 213th W St, Farmington, MN 55024-1168

$855,000

Estimated value

10,844 sqft 2.39 AC lot

19605 Pilot Knob Rd

RETAIL STORES (PERSONAL SERVICES)

19605 Pilot Knob Rd, Farmington, MN 55024-7238

$1,865,000

Estimated value

15,207 sqft 1.58 AC lot

331 3rd St

RETAIL STORES (PERSONAL SERVICES)

331 3rd St, Farmington, MN 55024-1352

$275,000

Estimated value

4,924 sqft 0.08 AC lot

RETAIL STORES (PERSONAL SERVICES)

345 3rd St, Farmington, MN 55024-1352

$265,000

Estimated value

5,565 sqft 0.05 AC lot

210 Oak St

RETAIL STORES (PERSONAL SERVICES)

210 Oak St, Farmington, MN 55024-1240

$255,000

Estimated value

5,940 sqft 0.21 AC lot

23004 Cedar Ave

RETAIL STORES (PERSONAL SERVICES)

23004 Cedar Ave, Farmington, MN 55024-9551

$300,000

Estimated value

768 sqft 33.25 AC lot

324 3rd St

RETAIL STORES (PERSONAL SERVICES)

324 3rd St, Farmington, MN 55024-1353

$290,000

Estimated value

11,970 sqft 0.17 AC lot

RETAIL STORES (PERSONAL SERVICES)

332 3rd St, Farmington, MN 55024-1353

$260,000

Estimated value

3,250 sqft 0.04 AC lot

Farmington, MN Retail Space Market Trends and Statistics

Explore 17 retail space for sale in Farmington, MN on our real estate platform. These investment opportunities span a total of 10,104 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 37K

Population Growth (5Y) +4.7%

Median Household Income $123,582

College Educated 45.6%

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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