Date
Details
Price
Change
Source
4/07/2026
Listed
$944,000
—
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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$944,000 Just Listed
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Property Description
Premier development opportunity in a high-growth Faribault location! This 2.6 acre (110,947 SF) commercial site offers outstanding visibility and access in a rapidly expanding corridor. Zoned Commercial/Industrial/Public Utility, the property provides flexibility for a wide range of uses including retail, medical, office, service, or light industrial. Surrounded by established businesses and supported by strong daily traffic counts, this location benefits from quick and convenient access to Interstate 35, delivering excellent connectivity to the Twin Cities and Southern Minnesota. Nearby medical services and long-term care facilities create consistent traffic and demand, making this an exceptional fit for healthcare-related users or service-based businesses. Level, buildable land with strong exposure-ideal for a larger footprint project, multi-tenant development, or flagship location. Opportunities of this size and positioning are limited-secure your spot in one of Faribault's most active commercial areas.
Full Property Details
Full Property Details for Tbd 20th Street NW
General
- Price: $944,000
- Taxes: $12,490 (2026)
- Status: Active
- Type: Lots/Land
- Source: NorthStarMLS_RMLS
- MLS ID: 7048316
- Updated: 4/7/2026
- Added to Site: 1 day(s) ago
Location
- County: Rice
- Township: Faribault
- Subdivision: Faribault Crossroads
- Driving Directions: 20th Street NW between Crossroads Professional Building and Hulett Ave
School Information
- School District: 2145 - Faribault
- High School District: Faribault
Community
- Assoc. Fees Include: Other
Utilities
- Utility Description: Broadband Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Storm Sewer Available, Phone Available, Water Available
Lot Features
- Lot Size (Acres): 2.6
- Lot Dimensions: 110947 sq ft
- Frontage: City Street, Paved Streets, Private Road, State Road, Storm Sewer
- Development Status: Finished Lot(s)
- Zoning: Business/Commercial, Lot
- Lot Description: Public Transit (w/in 6 blks), Corner Lot, Underground Utilities
Financial Considerations
- Assoc Fee Freq.: Annually
- Tax Amount: $12,490
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: L1 B1 FARIBAULT CROSSROADS EX BAP SWLY LI L1 300.23FT NWLY MOST SLY COR L1 TH NWLY ALG SWLY LI L1 ON FOL 3 COURSES N41D41'31"W 117.22FT TH NWLY ALG CUR CONC NELY 17.03FT TH N15D47'29"W 37.67FT TO MOST NWLY COR L1 TH N74D12'31"E 62.52FT TH S15D47'29"E 17.13FT TH S41D41'31"E 124.75FT TH S48D13'56"W 69FT TO POB
- CC&Rs: Yes
- Restrictions: Open
- Inclusions: Easements, For Sale Sign, Platted, Survey
- Property ID: 1825127005
Listed by Re/Max Advantage Plus
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Price & Sales History for Tbd 20th Street NW
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Tbd 20th Street NW, Faribault, MN 55021 (MLS# 7048316) is a Lots/Land property with a lot size of 2.6 acres. Tbd 20th Street NW is currently listed for $944,000 and was received on April 07, 2026. Want to learn more about Tbd 20th Street NW? 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.