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    1233 Highway 60 Faribault, MN 55021

    For Sale
    Contact for pricing

    Free-standing building off Lyndale Avenue and Highway 60 in Faribault.

    Property size:
    5,625 SF
    Lot size:
    0.72 Acres

    Property Features for 1233 Highway 60

    General Information

    Size
    5,625 SF
    Lot size
    0.72 Acres

    Source: Kenwood Commercial Agent Mike Doyle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Building Near Highway 60

    The property at 1233 Highway 60 is a free-standing building located just off Lyndale Avenue and Highway 60 in Faribault, Minnesota. The building has a property size of 5625 square feet. The current owner/tenant, Brighton Hospice, has locations in several states, including two locations in Minnesota. This is a 15-year triple net investment sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.2878784
    Latitude
    44.2939837

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    FAQs

    What type of property is this?
    Office building - Free-standing building off Lyndale Avenue and Highway 60 in Faribault.
    Where is this office building located?
    The property is located at 1233 Highway 60 Faribault, MN.
    What are key features of this property?
    This property features: - 15-year triple net investment sale; - Free-standing building; - Located off Lyndale Avenue and Highway 60 in Faribault
    (612) 242-8820
    Request Owner's contact information
    1233 Highway 60 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
    1233 Highway 60 Faribault, MN 55021
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