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    17001 Elmore Ave Faribault, MN 55021

    Sponsored
    For Sale
    $199,000

    Lots & Land - Faribault, MN

    Lot size:
    6.24 Acres
    Days on Market:
    210
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 17001 Elmore Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture
    APN
    1008375014
    Lot size
    6.24 Acres

    Building Details

    Architectural style
    Other

    HELP-U-SELL HERITAGE REAL ESTATE (507) 451-6000 [email protected]

    Listing agent Debra L. Schmidt (507) 451-6000

    Listing date Jun 13, 2025

    MLS# 6738872 Listing URL

    Copyright © 2026 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Lot Near French Lake

    This is a 6.24-acre buildable lot. It is located near French Lake, across the road from Grandma's Lakeside Resort. The lot has been surveyed and a septic design has been completed. The property is located in Faribault, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Hotel & Motel Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.376324
    Latitude
    44.345915

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    FAQs

    What type of property is this?
    Land - 6.24 acre buildable lot near Grandma's Lakeside Resort.
    Where is this land located?
    The property is located at 17001 Elmore Ave Faribault, MN.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Buildable 6.24 acre lot, ready for your dream home.; - Septic design completed, saving you time and expense.; - Surveyed lot, ensuring clear property lines.
    (507) 390-4030
    Request Owner's contact information
    17001 Elmore Ave Faribault, MN 55021
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    Faribault, MN 55021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17001 Elmore Ave Faribault, MN 55021
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