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Faribault, MN Land for Sale

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Waterfront Residential Buildable Lot
Updated: May 22
Waterfront Residential Buildable Lot

To Be Determined 232nd St W, Faribault, MN 55021

$175,000
1.70 AC lot
1.7‑acre buildable lot on Cannon Lake with 125 ft of shoreline
Waterfront setting on a lake with lake views and water recreation potential
Natural gas available on‑site
Convenient access near Faribault and the Twin Cities corridor
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Waterfront Residential Buildable Lot
Updated: May 22
Waterfront Residential Buildable Lot

232nd ST W, Faribault, MN 55021

$175,000
1.60 AC lot
1.6‑acre buildable lot with lake frontage on Cannon Lake
150 feet of shoreline on Cannon Lake
Waterfront feature: Lake
Natural gas available
Utilities include natural gas available
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Cannon Lake Waterfront Land Opportunity
Cannon Lake Waterfront Land Opportunity

W 232nd Street, Faribault, MN 55021

$175,000
1.60 AC lot

1.6-acre buildable lot with 150 feet of shoreline.

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High-Frontage Commercial Land
High-Frontage Commercial Land

1320 Lyndale Avenue N, Faribault, MN 55021

$1,600,000
12.45 AC lot

Multi-acre site with nearly 1,000 feet of frontage on State Highway 21, currently zoned R2.

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Cannon Lake Waterfront Land
Cannon Lake Waterfront Land

To Be Determine W 232nd Street, Faribault, MN 55021

$175,000
1.70 AC lot

1.7-acre lot with 125 feet of shoreline on Cannon Lake.

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Buildable Waterfront-Adjacent Lot
Buildable Waterfront-Adjacent Lot

17001 Elmore Avenue, Faribault, MN 55021

$199,000
6.24 AC lot

Surveyed and septic design completed for a lake-area homesite.

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Land Near Kelly Lake
Land Near Kelly Lake

15XXX Shieldsville Blvd, Faribault, MN 55021

$1,800,000
73.60 AC lot

73.6 acres of land near Kelly Lake in Wells Twp.

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Commercial Retail Zoned Industrial Lot
Commercial Retail Zoned Industrial Lot

400 Western Ave N, Faribault, MN 55021

Contact for pricing
0.59 AC lot

Industrial lot zoned for commercial and retail use near a major highway intersection.

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Residential Land in Faribault, MN
Residential Land in Faribault, MN

3103 Acorn Trail, Faribault, MN 55021

$48,500
0.49 AC lot

Residential land available in Faribault, Minnesota.

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Industrial Land in Industrial Park
Industrial Land in Industrial Park

17925 Bagley Avenue N, Faribault, MN 55021

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10.00 AC lot

10-acre industrial land available in an industrial park, positioned near major access routes in a growing corridor.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 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.

Recreational Land with Two Building Sites
Recreational Land with Two Building Sites

Halstad Avenue, Lonsdale, MN 55046

$805,260
83.75 AC lot

Large rural parcel offering two permitted building sites for housing, farm use, or recreational land activities.

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Land with Approved Driveway Permit
Land with Approved Driveway Permit

9XXX Elmore Ave, Lonsdale, MN 55046

$579,900
58.00 AC lot

58 acres of land with approved driveway permit.

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Expansive Residential Parcel in Waterville
Expansive Residential Parcel in Waterville

Open Lot Browers Street E, Waterville, MN 56096

$52,500
0.74 AC lot

Three lots combined into one expansive parcel for future use.

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Waterville Industrial Park Land
Waterville Industrial Park Land

Waterville Industrial Park, Waterville, MN 56096

$395,000
20.40 AC lot

20.4 acre lot in Waterville Industrial Park for sale.

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Faribault, MN Land Market Trends and Statistics

Explore 10 land for sale in Faribault, MN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 4,790,467 square feet of properties for sale, with an estimated market value of $4,347,500.

Sale prices for lots in Faribault, MN start at $48,500, averaging $543,437, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 5
Commercial land 2
Residential land & home lots 2
Agricultural land / Farmland 1
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 $403.6K

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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