Listed at
$944,000

Faribault Crossroads

TBD 20th Street, Faribault, MN, 55021
2.6  Acres
Days on market174
TypeLand
Est. $25,320buyer credit when you buy with SODL
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About this home

Premier development opportunity in a high-growth Faribault location! This 2.6 acre (110,947 SF) commercial site offers outstanding visibility and access in a rapidly expanding corridor. Zoned Commercial/Industrial/Public Utility, the property provides flexibility for a wide range of uses including retail, medical, office, service, or light industrial. Surrounded by established businesses and supported by strong daily traffic counts, this location benefits from quick and convenient access to Interstate 35, delivering excellent connectivity to the Twin Cities and Southern Minnesota. Nearby medical services and long-term care facilities create consistent traffic and demand, making this an exceptional fit for healthcare-related users or service-based businesses. Level, buildable land with strong exposure—ideal for a larger footprint project, multi-tenant development, or flagship location. Opportunities of this size and positioning are limited—secure your spot in one of Faribault’s most active commercial areas.

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Home facts

Property typeLand
Lot size2.6 acres (110947 sq ft)
Days on market174
ListedApr 7, 2026
MLS #NST7048316
CountyRice
SubdivisionFaribault Crossroads
Parcel #1825127005

Facts & features

Interior

Bathrooms
0

Property

Lot size
2.6 acres
Lot dimensions
110947 sq ft
Lot features
Public Transit (w/in 6 blks), Corner Lot, Underground Utilities
Road frontage
City Street, Paved Streets, Private Road, State Road, Storm Sewer
Road responsibility
Association Maintained Road, Private Maintained Road, Public Maintained Road, Road Maintenance Agreement
Parcel #
1825127005

Construction

Property type
Land

Utilities

Utilities
Broadband Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Storm Sewer Available, Phone Available, Water Available

Community & HOA

Subdivision
Faribault Crossroads
HOA
No HOA
HOA includes
Other
School district
656 - Faribault
High school district
Faribault

Financial & listing details

Annual tax
$12,490 (2026)
Listed
Apr 7, 2026
Days on market
174
Inclusions
Easements,For Sale Sign,Platted,Survey

Interior details

Total bathrooms0

Exterior & lot

Lot featuresPublic Transit (w/in 6 blks), Corner Lot, Underground Utilities
Road frontageCity Street, Paved Streets, Private Road, State Road, Storm Sewer
Road responsibilityAssociation Maintained Road, Private Maintained Road, Public Maintained Road, Road Maintenance Agreement
ZoningBusiness/Commercial,Lot

Utilities

Parking & garage

Financial details

Annual taxes$12,490
Tax year2026
Taxes w/ assessments12490
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District656 - Faribault
District number656
District phone5073336016
High schoolFaribault
SODL flat fee brokerage
$25,320Estimated buyer credit
SODL platform fee $3,000Your buyer credit $25,320

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$6,317/mo
Principal & interest$4,961
Property taxes$1,041
Home insurance (est.)$315
%
$188,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

TBD 20th Street, Faribault, MN, 55021

Listing information

MLS #NST7048316
StatusActive
Last updatedSep 17, 2026, 8:26 PM
Originally listedApr 7, 2026, 4:29 PM
Listing officeRe/Max Advantage Plus

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.