1910 Cardinal Ln Faribault, MN 55021
Estimated payment $2,321/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,110
Lot Details
- Building or Site Plan Approved
- Zoning described as Business/Commercial
Community Details
- No Home Owners Association
- Northgate Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1824276001
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,110 | $290,800 | $290,800 | $0 |
| 2024 | $6,110 | $268,900 | $268,900 | $0 |
| 2023 | $5,970 | $268,900 | $268,900 | $0 |
| 2022 | $5,946 | $268,900 | $268,900 | $0 |
| 2021 | $5,996 | $243,900 | $243,900 | $0 |
| 2020 | $5,964 | $243,900 | $243,900 | $0 |
| 2019 | $6,166 | $243,900 | $243,900 | $0 |
| 2018 | $6,358 | $243,900 | $243,900 | $0 |
| 2017 | $7,284 | $243,900 | $243,900 | $0 |
| 2016 | $7,470 | $243,900 | $243,900 | $0 |
| 2015 | $7,296 | $243,900 | $243,900 | $0 |
| 2014 | -- | $243,900 | $243,900 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | Price Changed | $349,999 | -7.7% | -- |
| 12/04/2025 12/04/25 | For Sale | $379,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | None Listed On Document | |
| Deed | $250,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $187,500 | Construction | |
| Closed | $10,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6824297
APN: 18.24.2.76.001
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