Prime development parcel in a high-visibility Faribault location. This 3.9 acre site sits directly along I-35 with exceptional frontage exposure and easy access via Lyndale Avenue. Zoned C-2 Highway Commercial, the property supports a wide range of commercial uses and already benefits from adjacency to established multifamily, office, and service businesses.
The lot features flexible topography, multiple potential building areas, and scenic views overlooking a natural pond/wetland along the eastern boundary. Utilities are available in the street, and the site configuration allows for efficient circulation, parking layouts, and phased development.
An excellent opportunity for an investor, owner-user, medical/office developer, hospitality concept, or mixed-use commercial project seeking visibility, access, and strong traffic counts.
260 days
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17
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2
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Zillow last checked:
Listing updated:
Listed by:
David Aase612-440-9775,
Revival Commercial Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6824297
Facts & features
Interior
Features
Has basement: No
Property
Lot
Size: 3.9 Acres
Dimensions: ~520' x ~330'
Topography: Level,Meadow
Details
Parcel number: 1824276001
Zoning description: Business/Commercial
Utilities & green energy
Utilities for property: Broadband Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Phone Available, Underground Utilities Available, Water Available
Community & HOA
Community
Features: No
Subdivision: Northgate Add
HOA
Has HOA: No
Location
Region: Faribault
Financial & listing details
Annual tax amount: $6,110
Date on market: 12/4/2025
Inclusions: For Sale Sign, Soil Test Available, Survey
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,279/mo
Price history
Date
Event
Price
1/16/2026
Price change
$349,999-7.7%
Source: NorthstarMLS as distributed by MLS GRID #6824297Report a problem
12/4/2025
Listed for sale
$379,000+51.6%
Source: NorthstarMLS as distributed by MLS GRID #6824297Report a problem