Date
Details
Price
Change
Source
8/14/2025
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$1,900,000
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1/18
Property Description
Rare Development Opportunity - 95 Acres of Prime Land in Faribault. Uncover the potential of this exceptional 95-acre parcel perfectly positioned for development. Ideally located at the intersection of Interstate I-35, Lyndale Avenue (Highway 21), and Bagley Avenue, this property offers unparalleled visibility, access, and strategic value. With direct adjacency to Maple Lawn Park and already annexed into the city limits of Faribault, this land is development-ready with municipal services nearby. Zoned for future growth and surrounded by established infrastructure, this site is ideal for a variety of uses including residential neighborhoods, mixed-use development, commercial enterprises, or light industrial projects (subject to zoning and approvals). Proximity to major transportation corridors ensures high traffic exposure and ease of logistics, making it a compelling investment for forward-thinking developers. Don't miss this unique opportunity to secure a large, contiguous tract of land in one of southern Minnesota's fastest-growing communities. Property Identification Number 18.01.2.25.001 this parcel is zoned TUD or Transitional Urban Development District, and per Rice County is 91.40 acres. 18.36.3.75.004 is zoned R-2 and per Rice County is 3.60 acres. TUD is a flexible zoning allows for multiple potential development opportunities.
Full Property Details
Full Property Details for 21126 Bagley Ave
General
- Price: $1,900,000
- Taxes: $2,300 (2026)
- Status: Active
- Type: Lots/Land
- Source: NorthStarMLS_RMLS
- MLS ID: 6772873
- Updated: 3/26/2026
- Added to Site: 233 day(s) ago
Location
- County: Rice
- Township: Faribault
- Driving Directions: From intersection of Highway 60 West and Western Ave travel South. Property will be on East side of road.
School Information
- School District: 2145 - Faribault
- High School District: Faribault
Utilities
- Utility Description: None Available, None Connected
Lot Features
- Lot Size (Acres): 95
- Lot Dimensions: 1 x 1
- Development Status: Raw Land
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $2,300
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: See Exhibit " A" hereto attached and incorporated by reference.
- CC&Rs: Yes
- Restrictions: Open
- Inclusions: For Sale Sign
- Property ID: 1801225001
Listed by Edina Realty, Inc.
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— 21126 Bagley Ave —
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NMLS#: 1598647
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Schools
Schools serving 21126 Bagley Ave
School District:Faribault Public School District
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Faribault, MN 922 Home Place, Faribault, MN 55021 | K-5 | 1.3 mi |
Faribault Middle School 704 17th Street Southwest, Faribault, MN 55021 | 6-8 | 1.8 mi |
Faribault Senior High School 330 9th Avenue Southwest, Faribault, MN 55021 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21126 Bagley Ave
Estimate the Cost
Estimate the Cost for 21126 Bagley Ave
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- Triplex
- Active
- Updated 3 hours ago
- 3Beds
- 2Total Baths
- 1,238Sq. Ft.
Listed by Bridge Realty, LLC
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,436Sq. Ft.
Listed by Weichert, REALTORS- Heartland
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,167Sq. Ft.
Listed by Weichert, REALTORS- Heartland
- Lots/Land
- Active
- Updated 23 hours ago
- 93.4Acres
Listed by Weichert, REALTORS- Heartland
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,524Sq. Ft.
Listed by Edina Realty, Inc.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 3,048Sq. Ft.
Listed by Edina Realty, Inc.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 1Total Bath
- 2,286Sq. Ft.
Listed by Worth Clark Realty
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,606Sq. Ft.
Listed by RE/MAX Venture
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- Business
- Closed
- 4,892Sq. Ft.
Listed by RE/MAX Advantage Plus
Sold by Non-MLS
Sold by Non-MLS
21Xxx Bagley Avenue, Faribault, MN 55021 (MLS# 6772873) is a Lots/Land property with a lot size of 95 acres. 21Xxx Bagley Avenue is currently listed for $1,900,000 and was received on August 14, 2025. Want to learn more about 21Xxx Bagley Avenue? Do you have questions about finding other Lots/Land real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.