XXXX Division Street SNorthfield, MN 55057
$1.775 million
11.7 acre lot
About this home
Exceptional Development Opportunity in the Heart of Northfield This is a rare chance to acquire one of the last prime in-fill acreage properties within the Northfield city limits. Offering a beautiful blend of mature hardwood trees, wetlands, and seasonal wildlife, this site provides a unique natural setting while remaining centrally located and highly accessible. The property’s current N2-B zoning allows for a wide range of potential uses, making it well-suited for residential, mixed-use, or neighborhood commercial development. Possible concepts include apartment buildings, age-targeted or market-rate housing, townhome or villa-style residences, and select commercial or retail uses, subject to city approvals. Located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street. Zoning supports multiple residential and commercial options, allowing buyers to tailor a project that fits community needs and market demand. The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, potentially enhancing project feasibility. Buyers should confirm details directly with the City. Seller financing is available, offering additional flexibility for qualified buyers.
Home facts
- Home type
- Land and lot
- Style
- Other
- Lot
- 11.7 acres
- Property taxes
- $2,025 a year
- Listed
- March 24, 2026
- MLS number
- 7042035
Listing courtesy of Keller Williams Premier Realty Lake Minnetonka (Donavon DesMarais). MLS #7042035.
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How it compares
XXXX Division Street S, Northfield, MN 55057 is a lot, listed for $1.775 million on March 24, 2026 by Keller Williams Premier Realty Lake Minnetonka. That is in the upper quarter of the 18 land and lots for sale in Northfield right now (median $123,900).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Northfield community guideSchools, commutes, parks, home values and local stories.
- Northfield housing market, September 2026Homes sold for a median $369,950 over 12 months (+1.4%), 66 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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