$3,510,000
Elko New Market, MN 55020
MLS# 7066035
1 / 8
Property Description
Strategically Located Development acreage in High-Growth Elko New Market County Road 2 corridor. Just west of 35W with strong connectivity to regional corridors. 97 -/+ acres guided primarily Medium Density, 5 -/+ acres Commercial potential for Planned Unit Development flexibility. Lakeville School district. Scenic surroundings with access to infrastructure. A prime opportunity to shape a signature community in a fast-growing market. 2 PID's - 089230070 & 239260010
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $3,510,000
Original List Price: 3510000
ListPrice: 3510000
List Date: 2026-05-04
Office/Member Info
Association: SPAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Lot Dimensions: 1996x2470
Acres: 97.46
Association Fee: 0
Assessment Pending: No
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SECTION 26 TOWNSHIP 113 RANGE 021 N1/2 NW1/4 EX E 691.4' & EX W 320' of S 272.25'
Listing City: Elko New Market
Map Page: 190
Municipality: Elko New Market
School District: Lakeville
School District Phone: 952-232-2000
Property ID Number: TBD
Tax Year: 2026
Tax Amount: 6718
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Strategically Located Development acreage in High-Growth Elko New Market County Road 2 corridor. Just
west of 35W with strong connectivity to regional corridors. 97 -/+ acres guided primarily Medium Density, 5 -/+ acres Commercial potential for Planned Unit Development flexibility. Lakeville School district. Scenic surroundings with access to infrastructure. A prime opportunity to shape a signature community in a fast-growing market.
2 PID's - 089230070 & 239260010
Directions: 35W to 260th St E or County Road 2 west to Xerxes. NE & SE corner of County Road 2 and Xerxes Ave.
Acreage Information
Taxable Acres: 104
Tillable Acres: 45
Assessments
Assessment Balance: 0
Tax With Assessments: 6718
Builder Information
Builder Restrictions: Open
Development Status
Raw Land: 1
Insurance Fee
Insurance Fee: 0
Lake/Waterfront
Other: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Restriction/Covenants
None: 1
Road Frontage
City Street: 1
County Road: 1
Paved Streets: 1
Sale Options
Sell Entirely: 1
Topography
Gently Rolling: 1
Available Utilities
Electricity Available: 1
Natural Gas Available: 1
None Connected: 1
Sewer Available: 1
Water Available: 1
Improvements
Paved Streets: 1
Public Road: 1
Other: 1
Land Inclusions
For Sale Sign: 1
Property SubType
Acreage: 1
Development: 1
Location Tax and Other Information
House Number: 2X
Street Name: 260th St E / County Rd 2
Postal City: Elko New Market
County: Scott
State: MN
Zip Code: 55020
Property Features
Available Utilities: Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available
Development Status: Raw Land
Improvements: Paved Streets; Public Road; Other
Land Inclusions: For Sale Sign
Lock Box Type: None
Property SubType: Acreage; Development
Road Frontage: City Street; County Road; Paved Streets
Sale Options: Sell Entirely
Topography: Gently Rolling
Listing Office: Edina Realty, Inc.
Last Updated: May - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.