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  • $1,900,000

    21 Bagley Ave, Faribault, MN 55021

    --beds
    --baths
    95Acres
    Unimproved Land
    Built in ----
    95 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    326 days
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Kalow 507-323-5236,

    Edina Realty, Inc.,

    Kelly Harbal 507-456-6294

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6772873MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Lot
      • Size: 95 Acres
      • Dimensions: 1 x 1
      • Topography: Flood Plain,Gently Rolling
      Details
      • Additional parcels included: 1836375004
      • Parcel number: 1801225001
      • Zoning description: Business/Commercial

      Utilities & green energy

      • Utilities for property: None Available, None Connected

      Community & HOA

      Community
      • Features: No
      HOA
      • Has HOA: No
      Location
      • Region: Faribault

      Financial & listing details

      • Annual tax amount: $2,300
      • Date on market: 8/14/2025
      • Inclusions: For Sale Sign

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/14/2025Listed for sale$1,900,000
        Source: NorthstarMLS as distributed by MLS GRID #6772873 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55021

        Getting around

        7 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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