$349,999

Estimated payment $2,428/month

Total Views 9,922
3.9 Acres
$89,743 Price per Acre
169,884 Sq Ft Lot

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.

Listing Agent

David Aase

Revival Commercial Real Estate Listed on: 12/04/2025

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

Property Details

Property Type

Land

Est. Annual Taxes

$6,110

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Improvements: Curbs, Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: For Sale Sign,Soil Test Available,Survey
  • Basement YN: No

Utilities

  • Utilities: Broadband Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Phone Available, Underground Utilities Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 5073336016

Lot Info

  • Topography: Level,Meadow
  • Waterfront YN: No
  • Lot Size: ~520' x ~330'
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • All Program Acres: 0

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1824276001
  • Tax Annual Amount: 6110
  • TaxWithAssessments: 6110

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,590 $290,800 $290,800 $0
2025 $6,590 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- --
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $250,000 None Listed On Document
Deed $250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $187,500 Construction
Source: Public Records

Source: NorthstarMLS

MLS Number: 6824297

NorthstarMLS

APN: 18.24.2.76.001

Your Personal Tour Guide

Ask me questions while you tour the home.