$1,560,000

1255 170th St W Faribault, MN 55021

Estimated payment $8,345/month

Total Views 9,541
24.06 Acres
$64,838 Price per Acre
1,048,054 Sq Ft Lot

About This Lot

Unlock the Potential of 24.06 +/- acres in Faribault, MN. This prime heavy commercial industrial zoned raw land on Park Avenue is a game-changer for visionary developers. Perfectly positioned just minutes from I-35 and nestled beside the thriving Faribault Industrial Park, this flat, ready-to-build parcel is your canvas for innovation.

Tap into the citys underground utilities and seize a rare opportunity: direct access to an underground pipeline for liquid or gas nitrogen/oxygen from an adjacent business, setting your project apart. Already platted as an outlot B, this land is primed for your bold ideas to take shape. Dont miss out on this dynamic location where opportunity meets possibility! A distinct advantage exists, particularly for industries requiring heavy freight movement or specific gas supplies.

Please contact LandProz Associate Broker & Realtor Jen Busch at 507-923-7657 for more information regarding this property.

PROPERTY FEATURES
24.06 +/- Deeded Acres
18 +/- Tillable Acres
CPI of 78.5
Great location in Faribault Industrial Park
Room for growth
Capability for piped in liquid nitrogen/oxygen from nearby business
Prominent soil types: Hayden & Glencoe Loams
Platted & Zoned for heavy industrial
Income in the meantime, off growing crops
Real Estate taxes $1,078

Listing Agent

Jennifer Busch

LandProz Listed on: 05/20/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,156

Lot Details

  • Current uses include agriculture, commercial
  • Potential uses include agriculture, commercial, for development

Property Details

Property Type

Land

Est. Annual Taxes

$2,156

Lot Details

0

Listing Details

  • Office Phone: 507-620-6594
  • Listing Website: https://www.land.com/property/24.06-acres-in-rice-county-minnesota/23596666/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Agriculture, Commercial

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,156 $375,500 $375,500 $0
2024 $2,156 $341,400 $341,400 $0
2023 $1,510 $341,400 $341,400 $0
2022 $1,514 $269,100 $269,100 $0
2021 $1,572 $220,000 $220,000 $0
2020 $1,578 $220,000 $220,000 $0
2019 $1,508 $227,600 $227,600 $0
2018 $768 $220,000 $220,000 $0
2017 $842 $220,000 $220,000 $0
2016 $842 $220,000 $220,000 $0
2015 $800 $150,000 $150,000 $0
2014 -- $150,400 $150,400 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2025 05/20/25 For Sale $1,560,000 -- --
Minnesota Rice County Faribault 55021

1255 170th St W, Faribault, MN

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Jennifer Busch
Listing Agent
Jennifer Busch
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LandProz
(507) 620-6594