Approved Hotel Development
For Sale
Contact for pricing
2800 Airport Dr W Faribault, Faribault, MN 55021
Approved plans support a limited-service hotel with a separate restaurant pad and established franchise rights.
Property SizeContact for details
Days on Market146
Property Features for 2800 Airport Dr W Faribault
General Information
Standard status
Active
Property subtype
Hospitality, Land
Listing Agency:
SVN Northco Real Estate Services
(952) 820-1615
Listed By:
Frank Jermusek · License #20587652
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:04AM
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 SVN Northco Real Estate Services
Investment Insights
Based on property information with market context.
This commercial land offering includes an approved limited-service hotel development planned for 70 rooms, along with a separate pad site suited for a restaurant. Engineering plans have been submitted, reviewed, and approved by the city, while construction plans and preliminary work have been completed by Consolidated Construction Co. Inc. Franchise rights for Comfort Inn & Suites have also been obtained through Choice Hotels International.
The site is positioned at the junction of Interstate 35 and State Highway 21 in Faribault, with visibility from Interstate 35 and reported traffic exceeding 30,000 vehicles per day. Minneapolis–St. Paul International Airport is approximately 45 minutes away. The surrounding area includes industrial and institutional activity, including Faribault Foods’ planned 589,000-square-foot plant and Shattuck-St. Mary’s School.
The site is positioned at the junction of Interstate 35 and State Highway 21 in Faribault, with visibility from Interstate 35 and reported traffic exceeding 30,000 vehicles per day. Minneapolis–St. Paul International Airport is approximately 45 minutes away. The surrounding area includes industrial and institutional activity, including Faribault Foods’ planned 589,000-square-foot plant and Shattuck-St. Mary’s School.
Key Highlights
- Approved 70‑room limited‑service hotel development
- Separate pad site planned for restaurant use
- Located at Interstate 35 and State Highway 21
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
150
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans support a limited-service hotel with a separate restaurant pad and established franchise rights.
Where is this commercial land located?
The property is located at 2800 Airport Dr W Faribault Faribault, MN.
What are key features of this property?
This property features: Approved 70‑room limited‑service hotel development; Separate pad site planned for restaurant use; Located at Interstate 35 and State Highway 21
