21xxx Bagley Ave - Commercial LAND FOR SALE


Faribault, MN 55021 4,138,200 SF
$1,900,000 USD
507-323-5236
21xxx Bagley Ave, Faribault, MN for Sale
$1,900,000 USD
Commercial LAND - FOR SALE
1/18
4,138,200 SF

21xxx Bagley Ave
Faribault, MN 55021


HIGHLIGHTS

  • Approx. 95 acres of prime development land with flexible TUD and R-2 zoning.
  • Annexed into Faribault city limits with municipal utilities in proximity.
  • Adjacent to Maple Lawn Park
  • Strategic southern Minnesota location with strong growth prospects and high traffic exposure.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/ACRE

$20,000/AC

PRICE/SF

$0.46 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Farm Lane

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Apartment Units, Manufactured Homes/Mobile Home Park, Master Planned Community, Planned Unit Development, Single Family Development, Warehouse, Agricultural, Agribusiness

LAND ACRES

95 AC

LAND SF

4,138,200 SF

OFFSITE IMPROVEMENTS

-

ZONING

TUD

APN/PARCEL ID

1801225001,1836375004

ASK ABOUT THIS PROPERTY

Kathy KalowEdina RealtyMore Info
507-323-5236

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Kathy KalowEdina RealtyMore Info
507-323-5236

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.