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$1,741,115
/mo Edit
Farm:  Other
74.09 acres
MLS# 7014704
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    Property Description

    An exceptional opportunity awaits on the south end of Faribault with this expansive 74-acre parcel ideally positioned near a church and private school, offering both peaceful surroundings and future growth potential. With sweeping open views and stunning sunrises and sunsets stretching across the horizon, this property delivers the perfect blend of natural beauty and strategic location. Whether you’re seeking productive farmland, a long-term investment, or a prime development site, this acreage offers remarkable versatility. Preliminary development plans have already been initiated with the City of Faribault, providing a strong foundation for future residential or mixed-use possibilities (subject to city approvals). Conveniently located just minutes from town amenities while maintaining a serene, country feel, this property presents a rare chance to secure a substantial tract of land in an area poised for continued expansion. Opportunities of this size, location, and potential are seldom available — explore the possibilities today.

    Listing

    Contingency: None
    City: Faribault
    County: Rice
    State: MN
    Property Style: Other
    Zip Code: 55021
    Subdivision Name: Divine Mercy Catholic Church 2nd Add

    Exterior

    Road Frontage: City Street

    Lot & Land

    Acres: 74.09
    Geolocation: 44.261001, -93.269221
    Inclusions: For Sale Sign
    Lot Dimensions: TBD
    Addl Parcels: 1807402002, 1807402003, 1807402004, 1807402005, 1807402006, 1807402007, 1807402008, 1807402009, 1807402010, 1807402011, 1807401019, 1807401017
    Restrictions: Open
    Zoning: Agriculture

    Farm

    Farm Type: Crop
    Tillable Acres: 48
    Topography: Level

    Schools

    School District: 2145
    District Phone: 5073336016

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,996
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,996
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Other
    Available Utilities:
    • Natural Gas Available
    • None Connected
    • Sewer Available
    • Storm Sewer Available
    • Underground Utilities Available
    • Water Available

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Weichert, REALTORS- Heartland.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.