For Sale: Faribault MLS# 6824297
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Property Description
Prime development parcel in a high-visibility Faribault location. This 3.9 acre site sits directly along I-35 with exceptional frontage exposure and easy access via Lyndale Avenue. Zoned C-2 Highway Commercial, the property supports a wide range of commercial uses and already benefits from adjacency to established multifamily, office, and service businesses.
The lot features flexible topography, multiple potential building areas, and scenic views overlooking a natural pond/wetland along the eastern boundary. Utilities are available in the street, and the site configuration allows for efficient circulation, parking layouts, and phased development.
An excellent opportunity for an investor, owner-user, medical/office developer, hospitality concept, or mixed-use commercial project seeking visibility, access, and strong traffic counts.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$379,000
Property Type:
Lot/Land
City:
Faribault
County:
Rice
State:
MN
Property Style:
Lot/Land
Zip Code:
55021
Subdivision Name:
Northgate Add
Lot & Land
Acres:
3.9
Geolocation:
44.321669, -93.296681
Inclusions:
For Sale Sign, Soil Test Available, Survey
Lot Dimensions:
~520' x ~330'
Restrictions:
- Easements
- Easements-Utility
Zoning:
Business/Commercial
Farm
Topography:
Level, Meadow
Schools
School District:
656
District Phone:
507-333-6016
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,110
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,110
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Site Plan Approved
Improvements:
Curbs, Public Road
Available Utilities:
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
- Storm Sewer Available
- Underground Utilities Available
- Water Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Revival Commercial Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.