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$80,000
Est. payment /mo
0.4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Elko-Merged W/Nmc
MLS Listing ID 7006942
Annual Tax Amount $1,854
Tax Year 2026
Contingent None
Lot Size 0.400 Acres
Lot Dimensions 120x138
Property Description
Bring your ideas, bring your vision, and bring your offers! Sellers would love a quick sale! This rare .40-acre commercial parcel—made up of three combined lots—offers an exciting opportunity to get into one of Elko's growing business areas before values climb even higher.
With easy access to Highway 2 and Interstate 35, this property is well-positioned for a variety of business and development possibilities. Whether you're looking to build a storefront, office, service business, contractor shop, mixed-use building, or income-producing commercial space, the possibilities are worth exploring. Commercial land at this price point is becoming increasingly difficult to find, making this an attractive opportunity for business owners, investors, and developers alike. In fact, the property is priced below the cost of many comparable commercial lots, creating the potential for immediate equity as development continues throughout the area. Own your location instead of leasing, create future rental income, develop multiple units, or bring a concept that fills a need in this growing community. The seller is open to reviewing all offers and welcomes creative ideas. Opportunities like this don't come along often. Take a look, run the numbers, and see what you can create here. The City of Elko New Market has this property zoned for B-2 uses. If you'd like a different type of zoning for your desires, you can submit a comprehensive plan amendment to the city!
With easy access to Highway 2 and Interstate 35, this property is well-positioned for a variety of business and development possibilities. Whether you're looking to build a storefront, office, service business, contractor shop, mixed-use building, or income-producing commercial space, the possibilities are worth exploring. Commercial land at this price point is becoming increasingly difficult to find, making this an attractive opportunity for business owners, investors, and developers alike. In fact, the property is priced below the cost of many comparable commercial lots, creating the potential for immediate equity as development continues throughout the area. Own your location instead of leasing, create future rental income, develop multiple units, or bring a concept that fills a need in this growing community. The seller is open to reviewing all offers and welcomes creative ideas. Opportunities like this don't come along often. Take a look, run the numbers, and see what you can create here. The City of Elko New Market has this property zoned for B-2 uses. If you'd like a different type of zoning for your desires, you can submit a comprehensive plan amendment to the city!
Location
State MN
County Scott
Zoning Business/Commercial
Interior
Inclusions Platted
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Water Available
Schools
School District Lakeville
Others
Restrictions Open
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Listed by Laura Berger • Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
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