
Commercial Land for Sale in Elko New Market, Minnesota
260th St E, Elko New Market, MN 55020
Excellent opportunity to own approximately 10 acres in Elko New Market with convenient access to I-35W! This expansive parcel features generally level terrain, wide-open acreage, and mature trees along portions of the property, offering an attractive setting with excellent future development potential. Ideally positioned along County Road 2, the property benefits from existing turn lanes designed to accommodate future roadway access. Currently located outside city limits and under Scott County zoning jurisdiction, the property is guided by the City of Elko New Market's Comprehensive Plan for a combination of Business/Limited Industrial and Commercial uses. The northern portion is guided for Business/Limited Industrial, with potential uses including office, warehouse, distribution, light manufacturing, and mini-storage facilities, subject to applicable zoning and approvals. The southern portion is guided for Commercial uses, offering additional possibilities for a variety of business developments. Municipal water is available south of County Road 2, with utility extensions and future roadway improvements anticipated as part of development. A 2026 survey is available. With its desirable location, convenient highway access, and versatile future land use designations, this property presents an outstanding opportunity for developers, investors, and businesses looking to establish a presence in a growing area!
Location
- Street address
- 260th St E
- County
- Scott County
- Zip code
- 55020
- School district
- Lakeville
- Elevation
- 1,107 feet
Directions
From 35W exit onto 260th St E, lot will be on your right.
Property details
- Acreage
- 10 acres
- Zoning
- Business/Commercial, Industrial
- MLS #
- RMLS 7137141
- Posted
Property taxes
- 2026
- $964
Parcels
- 089230080
Details and features
Listing
- Type
- Land
- Franchise
- RE/MAX International
Lot
- Features
- Tree Coverage-Light
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 15, 2026 | New listing | $1,650,000 | — | RMLS |











