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    Faribault, MN
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    Faribault, MN Commercial Land for Sale

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    Commercial Development Land Parcel
    Updated: Apr 7
    Commercial Development Land Parcel

    20th Street NW, Faribault, MN 55021

    $944,000
    2.60 AC lot
    2.6‑acre commercial site totaling 110,947 SF with level, buildable land for a variety of projects
    Zoned Commercial/Industrial/Public Utility, supporting uses such as retail, medical, office, service, or light industrial
    Convenient access to Interstate 35 for connectivity to the Twin Cities and Southern Minnesota
    Location in a high‑growth Faribault commercial corridor with established nearby businesses and strong daily traffic counts
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    Commercial Land
    Updated: Mar 29, 2024
    Commercial Land

    1940 30th Street NW, Faribault, MN 55021

    $159,900
    Business/Commercial zoning
    Access to a freeway interchange
    1940 30th Street NW, Faribault, MN 55021
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Commercial Lot on Town Edge
    Commercial Lot on Town Edge

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot

    Build-ready commercial land opportunity on the northwest edge of Owatonna.

    View details
    Land Near I-35W and Retail
    Land Near I-35W and Retail

    26033 Market Place Blvd, Elko New Market, MN

    Contact for pricing
    1.69 AC lot

    Commercial land with high visibility near I-35W and retail.

    View details
    Commercial Land Lot
    Commercial Land Lot

    160 26th Street NW, Owatonna, MN 55060

    $150,000

    Nice commercial lot on the northwest edge of town, offered for sale.

    View details
    Elko New Market Retail Land
    Elko New Market Retail Land

    Hwy 2 & County Road 91, Elko New Market, MN 55020

    Contact for pricing
    10.00 AC lot

    10-acre corner lot near Elko Speedway, priced to sell.

    View details

    Faribault, MN Commercial Land Market Trends and Statistics

    Explore 2 commercial land for sale in Faribault, MN on our real estate platform. These investment opportunities span a total of 113,256 square feet of properties for sale, with an estimated market value of $1,103,900.

    Sale prices for commercial lots in Faribault, MN start at $159,900, averaging $551,950, and reaching up to $944,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 8
    Waterfront Land 5
    Agricultural land / Farmland 3
    Commercial land 2
    Industrial land 1

    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 $1.3M

    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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