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    Faribault, MN Agricultural Land / Farmland for Sale

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    Warsaw, MN Medford, MN Morristown, MN
    Land Near Kelly Lake
    $1,800,000
    73.60 Acres
    Land Near Kelly Lake

    Faribault, MN 55021

    73.6 acres of land near Kelly Lake in Wells Twp.
    • Waterfront property on Kelly Lake
    • Development potential for the savvy investor
    • Can be subdivided, offering flexibility
    • Enjoy the waterfront features
    • Located at -93.37203, 44.358135
    Updated: May 23, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land with Approved Driveway Permit
    $599,900
    58.00 Acres
    Land with Approved Driveway Permit

    58 acres of land with approved driveway permit.

    Lonsdale, MN 55046

    View details
    Agricultural Land Parcel in Agriculture Zone
    $325,000
    37.33 Acres
    Agricultural Land Parcel in Agriculture Zone

    Versatile 37-acre parcel with quality tillable ground and mature tree lines in an Agriculture-zoned area.

    Tbd Dodd Road, Kilkenny, MN 56052

    View details
    83.75 Acres of Scenic Land
    $805,260
    83.75 Acres
    83.75 Acres of Scenic Land

    83.75 acre land parcel with building sites near lakes.

    Xxx Halstad Avenue, Lonsdale, MN 55046

    View details
    Fenced Cattle Farm with Hay Shed
    $399,999
    36.00 Acres
    Fenced Cattle Farm with Hay Shed

    Fully fenced cattle operation with two pastures, cattle lanes, and on-site hay and handling facilities.

    9586 170th St W, Kilkenny, MN 56052

    View details

    Faribault, MN Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 agricultural land / farmland for sale in Faribault, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for farmlands in Faribault, MN start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 31K
    Population Growth (5Y) +2.8%
    Median Household Income $70,296
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

    Identify Faribault submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55021 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $36.07 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rice County

    New Delisted

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