Commercial

Faribault, MN Commercial Land for Sale

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Four-Parcel Commercial Land
Updated: Apr 15, 2025
Four-Parcel Commercial Land

2905 2nd NW Avenue, Faribault, MN 55021

$1,200,000
Four‑parcel commercial land offering in Faribault
Located near Rice County’s new Public Safety Center
Seller agrees to remove all buildings and septic systems
Homes are excluded and will be relocated by the seller at the seller’s expense
Seller will work with the City of Faribault on commercial rezoning
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Commercial Land Parcel
Updated: Mar 29, 2024
Commercial Land Parcel

1940 30th NW Street, Faribault, MN 55021

$159,900
Commercial land parcel
Access to a freeway interchange
Located at 1940 30th NW Street, Faribault, MN 55021
Situated in a high‑traffic area
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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.

In-Fill Development Land Opportunity
In-Fill Development Land Opportunity

Division Street S, Northfield, MN 55057

$1,775,000
11.70 AC lot

In-fill acreage with wetlands and mature hardwood trees, zoned N2-B for flexible residential or neighborhood commercial concepts.

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Commercial Land with Water Available
Commercial Land with Water Available

160 26th Street NW, Owatonna, MN 55060

$150,000
0.69 AC lot

Commercial parcel on the northwest edge of town with water available at the site.

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Commercial Land for Medical Expansion
Commercial Land for Medical Expansion

155 28th St NE, Owatonna, MN 55060

Contact for pricing

Expansion site within an established medical office setting with B2 Community Business zoning.

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Commercial Land with Highway Access
Commercial Land with Highway Access

Outlot Honeylocust, Northfield, MN 55057

$899,787
9.27 AC lot

Water is available, with Target, Cub Foods, restaurants, and an ice arena nearby.

View details

Faribault, MN Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Faribault, MN on our real estate platform.

Sale prices for commercial lots in Faribault, MN start at $159,900, averaging $679,950, and reaching up to $1,200,000 — 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 7
Waterfront Land 5
Commercial land 2
Agricultural land / Farmland 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 $680K

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%

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