21126 Bagley Avenue, Faribault, MN 55021
Local realty services provided by:ERA Gillespie Real Estate



21126 Bagley Avenue,Faribault, MN 55021
$1,900,000
- 95 Acres
- Lots / Land
- Active
Listed by:kathy kalow
Office:edina realty, inc.
MLS#:6772873
Source:NSMLS
Price summary
- Price:$1,900,000
About this home
Public Remarks
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.
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Home facts
- Listing Id #:6772873
- Added:1 day(s) ago
- Updated:August 15, 2025 at 02:51 AM
Structure and exterior
- Lot area:95 Acres
Finances and disclosures
- Price:$1,900,000
- Tax amount:$1,996 (2025)
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