$944,000

TBD 20th St NW Faribault, MN 55021

Estimated payment $6,011/month

Total Views 1,563
2.6 Acres
$363,077 Price per Acre
113,256 Sq Ft Lot

About This Lot

Premier development opportunity in a high-growth Faribault location! This 2.6 acre (110,947 SF) commercial site offers outstanding visibility and access in a rapidly expanding corridor. Zoned Commercial/Industrial/Public Utility, the property provides flexibility for a wide range of uses including retail, medical, office, service, or light industrial. Surrounded by established businesses and supported by strong daily traffic counts, this location benefits from quick and convenient access to Interstate 35, delivering excellent connectivity to the Twin Cities and Southern Minnesota. Nearby medical services and long-term care facilities create consistent traffic and demand, making this an exceptional fit for healthcare-related users or service-based businesses. Level, buildable land with strong exposure—ideal for a larger footprint project, multi-tenant development, or flagship location. Opportunities of this size and positioning are limited—secure your spot in one of Faribault’s most active commercial areas.

Listing Agent

Daryl Bauer

Re/Max Advantage Plus Listed on: 04/07/2026

Re/Max Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,490

Lot Details

  • Corner Lot
  • Finished Lot(s)
  • Zoning described as Business/Commercial,Lot

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association
  • Faribault Crossroads Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1825127005

Property Details

Property Type

Land

Est. Annual Taxes

$12,490

Listing Details

  • Type: Land
  • Fee Frequency: Annually
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Improvements: Paved Streets, Public Road, Shared Driveway
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements,For Sale Sign,Platted,Survey
  • Basement YN: No

Utilities

  • Utilities: Broadband Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Storm Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 5073336016

Lot Info

  • Topography: Level
  • Lot Size: 110947 sq ft
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Lot
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • All Program Acres: 0

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 1825127005
  • Tax Annual Amount: 12490
  • TaxWithAssessments: 12490
  • TaxableAcres: 2.55

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $944,000 -- --
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7048316

NorthstarMLS
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