$1,900,000

21126 Bagley Avenue, Faribault, MN 55021

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
Edina Realty, Inc. : 507-334-1695
MLS ID:
6772873
  • Improvements: Paved StreetsPublic Road
  • HOA Amenities: 0.0
  • Originating MLS: northstar
  • School District: Faribault
  • County: Rice
  • Topography: Flood PlainGently Rolling
  • Zoning: 1801225001
  • Utilities: None ConnectedNone Available
  • Source: northstar

This listing courtesy of Edina Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jefferson Elementary School

922 Home Pl, Faribault, MN, 55021

Grades PK-5

0.74 miles away

F

Faribault Middle School

704 17th St SW, Faribault, MN, 55021

Grades 6-8

1.36 miles away

F

Faribault Senior High School

330 9th Ave SW, Faribault, MN, 55021

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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