TBD 260th Street E, Elko New Market, MN, 55020
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About this home
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!
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Fencing
- None
- Lot size
- 10 acres
- Lot dimensions
- 175x106x40x100x961x75x261x1116
- Lot features
- Tree Coverage - Light
- Road frontage
- County Road, Paved Streets
- Road responsibility
- Public Maintained Road
Construction
- Property type
- Land
Utilities
- Utilities
- None Available, None Connected
Community & HOA
- HOA
- No HOA
- School district
- 194 - Lakeville
- High school district
- Lakeville
Financial & listing details
- Annual tax
- $964 (2026)
- Listed
- Sep 15, 2026
- Days on market
- 59
- Inclusions
- Survey
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
TBD 260th Street E, Elko New Market, MN, 55020
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Listing information
Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
