21126 Bagley Ave Faribault, MN 55021
Estimated payment $10,519/month
About This Lot
Public Remarks
Rare Development Opportunity – 95 Acres of Prime Land in Faribault. Uncover the potential of this exceptional 95-acre parcel perfectly positioned for development. Ideally located at the intersection of Interstate I-35, Lyndale Avenue (Highway 21), and Bagley Avenue, this property offers unparalleled visibility, access, and strategic value. With direct adjacency to Maple Lawn Park and already annexed into the city limits of Faribault, this land is development-ready with municipal services nearby. Zoned for future growth and surrounded by established infrastructure, this site is ideal for a variety of uses including residential neighborhoods, mixed-use development, commercial enterprises, or light industrial projects (subject to zoning and approvals). Proximity to major transportation corridors ensures high traffic exposure and ease of logistics, making it a compelling investment for forward-thinking developers. Don’t miss this unique opportunity to secure a large, contiguous tract of land in one of southern Minnesota’s fastest-growing communities. Property Identification Number 18.01.2.25.001 this parcel is zoned TUD or Transitional Urban Development District, and per Rice County is 91.40 acres. 18.36.3.75.004 is zoned R-2 and per Rice County is 3.60 acres. TUD is a flexible zoning allows for multiple potential development opportunities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,996
Lot Details
- Additional Parcels
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1801225001
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 |
|---|---|---|---|---|
| 2021 | $6,706 | $2,047,700 | $1,825,100 | $222,600 |
| 2020 | $6,706 | $2,034,600 | $1,825,100 | $209,500 |
| 2019 | $6,408 | $2,123,400 | $1,925,700 | $197,700 |
| 2018 | $6,656 | $1,954,900 | $1,774,800 | $180,100 |
| 2017 | $7,718 | $1,934,800 | $1,774,800 | $160,000 |
| 2016 | $7,718 | $1,928,200 | $1,774,800 | $153,400 |
| 2015 | $7,454 | $1,911,700 | $1,774,800 | $136,900 |
| 2014 | -- | $1,912,900 | $1,774,800 | $138,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $1,900,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $8,124 | None Available |
Source: NorthstarMLS
MLS Number: 6772873
APN: 14.02.1.50.001
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