2X 260th St E / County Rd 2, Elko New Market, MN 55020

New Listing
$3,510,000
Property Type: Land Lot Size (sq. ft.): 4,245,358 Status: Active
Current Price: $3,510,000 List Date: 5/04/2026 Last Modified: 5/06/2026

Overview

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

Listing Details MLS# 7066035

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
Assessment Pending
No
Association Fee
0

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

Contract Information

Contingency
None
Original List Price
3510000
ListPrice
3510000
Owner is an Agent?
No
Auction?
No

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

Acreage Information

Taxable Acres
104
Tillable Acres
45

Assessments

Tax With Assessments
6718
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Office/Member Info

Association
SPAAR

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.

Development Status

Raw Land
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Other
Yes

Lock Box Type

None
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes
County Road
Yes
Paved Streets
Yes

Sale Options

Sell Entirely
Yes

Topography

Gently Rolling
Yes

Available Utilities

Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes
Water Available
Yes

Improvements

Paved Streets
Yes
Public Road
Yes
Other
Yes

Land Inclusions

For Sale Sign
Yes

Property SubType

Acreage
Yes
Development
Yes
Listing Office: Edina Realty, Inc.
IDX
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.