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Investment Highlights

  • 6.4 acres of versatile land
  • Sewer Available, Water Available
  • Electricity Available, Natural Gas Available, None Connected

Executive Summary

This 6.4-acre parcel offers a rare development opportunity in Faribault, Minnesota, with unmatched flexibility for a range of projects. Currently zoned TUD, the site can accommodate multiple future uses, from residential projects to commercial ventures. Its rolling topography and expansive dimensions create a strong foundation for customization while benefiting from convenient access to Division Street and major local thoroughfares. Utilities including electricity, natural gas, sewer, and water are available, streamlining the development process for builders and investors alike.

Property Facts

Price $250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 6.40 AC
Opportunity Zone Yes
Zoning TUD - TUD

1 Lot Available

Lot

Price $250,000
Price Per AC $39,062.50
Lot Size 6.40 AC

Electricity Available,Natural Gas Available,None Connected,Sewer Available,Water Available

Description

The property at 14XX Division Street E in Faribault, MN comprises a commercial land parcel positioned along Division Street, a primary east-west thoroughfare providing strong local connectivity. Located within an established retail corridor, the site benefits from excellent access to city amenities, nearby residential neighborhoods, and regional traffic patterns. Division Street carries consistent traffic flow and serves as a key link through Faribault’s business district, offering visibility and accessibility for future development. Zoning in the area generally supports commercial uses, making the parcel suitable for potential retail, service-based businesses, or mixed-use development. The lot’s proximity to major roadways, including Interstate 35, enhances connectivity to the Minneapolis–St. Paul metropolitan area and surrounding regional markets.

Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
  • Listing ID: 33115612

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 14xx Division St, Faribault, MN 55021

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