Four-Parcel Commercial
For Sale
$1,200,000
2905 2nd NW Avenue, Faribault, MN 55021
Assemblage positioned near Rice County’s new Public Safety Center, with proposed commercial rezoning supported by the seller.
Property SizeContact for details
Days on Market522
Property Features for 2905 2nd NW Avenue
General Information
Standard status
Active
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$8,274
Listing Agency:
MDC Real Estate Services
(507) 333-1152
Listed By:
John R. Jasinski
(507) 333-1152
Source:
Exitrealty
Added: Mar 29, 2025
Changed: Aug 31
Last Checked: Aug 31 at 3:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MDC Real Estate Services
Investment Insights
Based on property information with market context.
This commercial land offering combines four parcels in Faribault. The seller has agreed to remove the existing buildings and septic systems at the seller’s expense, with the homes excluded from the land offering and slated for relocation by the seller.
Following removal of those improvements, the remaining land is intended to be rezoned as Commercial Land. The seller will work with the City of Faribault on the rezoning process. The property is located near Rice County’s new Public Safety Center and is identified by the parcel numbers 18.19.1.50.006, 18.19.1.50.005, 18.19.1.50.004, and 18.19.1.76.003.
Following removal of those improvements, the remaining land is intended to be rezoned as Commercial Land. The seller will work with the City of Faribault on the rezoning process. The property is located near Rice County’s new Public Safety Center and is identified by the parcel numbers 18.19.1.50.006, 18.19.1.50.005, 18.19.1.50.004, and 18.19.1.76.003.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 55021, MN
30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Assemblage positioned near Rice County’s new Public Safety Center, with proposed commercial rezoning supported by the seller.
Where is this commercial land located?
The property is located at 2905 2nd NW Avenue Faribault, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 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
