About This Home

This land at 260th Street E in Elko New Market, MN is listed for $1,650,000 (10.00 acres).

Key Features

  • 10.00 acre lot
Listing Description

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

260th Street E

Elko New Market, MN 55020

Questions & Answers

This 0-bedroom, 0-bathroom land at 260th Street E is listed at $1,650,000. The estimated monthly payment is $8,824 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 10.00 acre lot.

This property is listed by Kelly Beck.

KB

Kelly Beck

Agent at RE/MAX Advantage Plus

Listed by RE/MAX Advantage Plus · Broker phone: (952) 226-7700 · View on Broker Site · Broker website

MLS# 7137141· Source: Northstar MLS· 48 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

260th Street E, Elko New Market, MN 55020

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