TBD 20th Street NW, Faribault, MN 55021 (MLS# 7048316)

TBD 20th Street NW, Faribault, MN 55021

$944,000
Property Type: Land Lot Size (sq. ft.): 113,256 Status: Active
Current Price: $944,000 List Date: 4/07/2026 Last Modified: 9/17/2026

Overview

Description

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 mo ...

Listing Details MLS# 7048316

General Property Information

Association Fee Frequency
Annually
Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Lot
Lot Dimensions
110947 sq ft
Acres
2.6
Assessment Pending
No

Property Features

Association Fee Includes: Other Available Utilities: Broadband Available; Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Storm Sewer Available; Water Available Development Status: Finished Lot(s) Improvements: Paved Streets; Public Road; Shared Driveway Land Inclusions: Easements; For Sale Sign; Platted; Survey Lot Description: Corner Lot; Public Transit (w/in 6 blks); Underground Utilities Property SubType: Commercial Lot Road Frontage: City Street; Paved Streets; Private Road; State Road; Storm Sewer Road Responsibility: Association Maintained Road; Private Maintained Road; Public Maintained Road; Road Maintenance Agreement Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Topography: Level

Contract Information

Contingency
None
Original List Price
944000
ListPrice
944000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
TBD
Street Name
20th
Street Suffix
Street
Street Direction Suffix
NW
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Faribault Crossroads

Acreage Information

Taxable Acres
2

Assessments

Tax With Assessments
12490

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No
IDX
Listing Office: Re/Max Advantage Plus
Last Updated: September - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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