21XXX Bagley Avenue, Faribault, MN 55021 (MLS# 6772873)


$1,900,000
21XXX Bagley Avenue
Faribault, MN 55021
MLS# 6772873



21XXX Bagley Avenue, Faribault, MN 55021
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21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021 21XXX Bagley Avenue, Faribault, MN 55021

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.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 1900000
Original List Price: 1900000
ListPrice: 1900000
List Date: 2025-08-14
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 1x1
Acres: 95
Assessment Pending: No
Location Tax and Other Information
House Number: 21XXX
Street Name: Bagley
Street Suffix: Avenue
Postal City: Faribault
County: Rice
State: MN
Zip Code: 55021
Additional Parcels Information
Property ID #2: 1836375004
Assessments
Tax With Assessments: 2300
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 01
Township#: 109
Property Features
Available Utilities: None Connected
Development Status: Raw Land
Improvements: Paved Streets; Public Road
Land Inclusions: For Sale Sign
Sellers Terms: Cash; Conventional
Topography: Gently Rolling; Flood Plain

Listing Office: Edina Realty, Inc.

Last Updated: May - 27 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 28th of May 2026 01:39 PM

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