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Commercial Development Land Parcel
For Sale
$944,000

20th Street NW, Faribault, MN 55021

Level, buildable 2.6-acre site zoned for Commercial, Industrial, and Public Utility uses with visibility and convenient access.

Property SizeContact for details
Lot Size2.60 Acres
Days on Market125

Property Features for 20th Street NW

General Information

Standard status Active
Lot size 2.60 Acres
Property subtype Commercial Lots & Land
Zoning Business/Commercial, Lot

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $12,490
Listing Agency: Re/Max Advantage Plus
Listed By: Daryl Bauer
Source: Juverealestate
Added: Apr 7 Changed: Aug 8 Last Checked: Aug 8 at 12:36PM

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 Re/Max Advantage Plus

Investment Insights

Based on property information with market context.

This level, buildable 2.6-acre commercial land parcel is offered as a development opportunity with strong visibility and access. The property is zoned Commercial/Industrial/Public Utility, supporting flexibility for a range of uses including retail, medical, office, service, or light industrial. Its open, buildable configuration makes it well suited for larger footprint projects, multi-tenant development, or a flagship location.

Located in Faribault, the site is described as being in a rapidly expanding commercial corridor surrounded by established businesses. Public remarks note strong daily traffic counts and quick access to Interstate 35, providing connectivity to the Twin Cities and Southern Minnesota. The area also includes nearby medical services and long-term care facilities, which may support consistent local activity for healthcare-related or service-based users.

Key Highlights

  • 2.6‑acre commercial site totaling 110,947 SF with level, buildable land for a variety of projects
  • Zoned Commercial/Industrial/Public Utility, supporting uses such as retail, medical, office, service, or light industrial
  • Convenient access to Interstate 35 for connectivity to the Twin Cities and Southern Minnesota

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Law Firm Spa & Massage Center Pharmacy Building Supply Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Level, buildable 2.6-acre site zoned for Commercial, Industrial, and Public Utility uses with visibility and convenient access.
Where is this commercial land located?
The property is located at 20th Street NW Faribault, MN.
What is the asking price?
The asking price for this property is $944,000.
What are key features of this property?
This property features: 2.6‑acre commercial site totaling 110,947 SF with level, buildable land for a variety of projects; Zoned Commercial/Industrial/Public Utility, supporting uses such as retail, medical, office, service, or light industrial; Convenient access to Interstate 35 for connectivity to the Twin Cities and Southern Minnesota
More about this property
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