Faribault, MN Commercial land for sale

Updated: May 4

Commercial Land Near Water

4454 Morristown Blvd, Faribault, MN 55021

$800,000

1.57 AC lot

Premium flat lake lot with impressive shoreline.
Year‑round space for activities and interests.
Business/retail opportunities allowed by Rice County, especially water‑related businesses.
Potential for a Barndominium conversion.
1.57 acre adjacent lots available for future home construction.

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Updated: Dec 10, 2024

Shovel-Ready Development Site Available

4th St NW & 8th Ave NW, Faribault, MN

$1,500,000

0.99 AC lot

Shovel‑ready project with all necessary permits and plans in place for a 55‑unit MFH property.
City indicates TIF (Tax Increment Financing) is an option.
Approved foundation permits and completed building/structural/civil plans.
Stormwater retention pond and soil engineering completed, ensuring environmental compliance.
Zoned for business/commercial use, providing development flexibility.

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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

160 26th Street NW, Owatonna, MN 55060

$150,000

0.69 AC lot

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

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Owatonna Land for Business Growth

NW 26th Street, Owatonna, MN 55060

$4,000,000

78.77 AC lot

78.77 acres suitable for business or agricultural development.

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Medford, MN Open Space Land

8292 Cabot Avenue, Medford, MN 55049

$225,000

2.72 AC lot

Open space suitable for various uses, including cannabis business.

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Land Near I-35, Medford

6150 W Frontage Rd, Medford, MN

Contact for pricing

12.65 AC lot

Land accessible and visible from I-35 near Medford.

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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 0 square feet of properties for sale, with an estimated market value of $2,300,000.

Sale prices for commercial lots in Faribault, MN start at $800,000, averaging $1,150,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
55021	$800K

Neighborhood

Average Price

55021

$800K