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21xxx Bagley Ave - Farm Lane 95 Acres of Commercial Land Offered at $1,900,000 in Faribault, MN 55021

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Investment Highlights

Approx. 95 acres of prime development land with flexible TUD and R-2 zoning.
Adjacent to Maple Lawn Park

Annexed into Faribault city limits with municipal utilities in proximity.
Strategic southern Minnesota location with strong growth prospects and high traffic exposure.

Executive Summary

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.

Marketing Brochure/Flyer

Property Facts

Price	$1,900,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Mixed Use Apartment Units Manufactured Homes or Mobile Home Park Master Planned Community Planned Unit Development Single Family Development Warehouse Agricultural Agribusiness
No. Lots	1	Total Lot Size	95.00 AC
Property Type	Land
Zoning	TUD - Transitional Urban Development

Price	$1,900,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Apartment Units Manufactured Homes or Mobile Home Park Master Planned Community Planned Unit Development Single Family Development Warehouse Agricultural Agribusiness
Total Lot Size	95.00 AC
Zoning	TUD - Transitional Urban Development

1 Lot Available

Lot

Price	$1,900,000	Lot Size	95.00 AC
Price Per AC	$20,000.00

Price	$1,900,000
Price Per AC	$20,000.00
Lot Size	95.00 AC

Perfect location for a housing development.

Description

This rare 95-acre development site in Faribault, Minnesota, offers an outstanding opportunity for large-scale residential, commercial, or mixed-use projects. Strategically situated near Interstate I-35 with frontage along Lyndale Avenue (Highway 21) and Bagley Avenue, the property benefits from exceptional visibility and direct access to major transportation routes. Annexed into Faribault city limits, the site is positioned for growth with municipal services nearby and zoning that allows future urban development flexibility. Neighboring Maple Lawn Park and surrounded by established infrastructure, this expansive parcel provides the scale and connectivity developers seek for transformative projects.

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