For Sale: Elko New Market MLS# 6737831
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Property Description
Prime Investment Opportunity in the Heart of Elko!
Bring your vision to this .40-acre parcel (three lots combined) perfectly situated in Elko’s growing business district. With its ideal proximity to Highway 2 and Interstate 35, this location offers excellent visibility and accessibility—making it a standout choice for future development. As new businesses continue to establish themselves in the area, land values are poised to rise, presenting a smart opportunity for buyers and investors alike.
Whether you dream of starting your own business on the main level with income-producing rental units above or developing a commercial space to lease, this lot offers endless potential. See supplements for permitted uses and start planning your next move today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$99,900
Property Type:
Lot/Land
City:
Elko New Market
County:
Scott
State:
MN
Property Style:
Lot/Land
Zip Code:
55020
Subdivision Name:
Elko-Merged W/Nmc
Lot & Land
Acres:
0.4
Geolocation:
44.564304, -93.326435
Inclusions:
Platted
Lot Dimensions:
120 x 138
Restrictions:
None
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
194
District Phone:
952-232-2000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$914
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$914
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Paved Streets
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Sewer Available
- Water Available
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.