For Sale: Faribault MLS# 6721405
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
3.9 ACRES - PRIME DEVELOPMENT OPPORTUNITY! Excellent SW location perfectly situated for your future development. The natural topography would be perfect for an apartment complex with lower level walkouts while still providing convenient street level access. All city services are nearby and easily accessed. Situated on a prime corner lot within walking distance to school & parks. Wooded property line with creek. Currently zoned transitional urban development. The potential here is limitless! Call today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$95,000
Property Type:
Lot/Land
City:
Faribault
County:
Rice
State:
MN
Property Style:
Lot/Land
Zip Code:
55021
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- County Road
Lot & Land
Acres:
3.9
Geolocation:
44.268087, -93.282044
Inclusions:
Abstract
Lot Dimensions:
3.9 acres
Restrictions:
None
Zoning:
- Agriculture
- Business/Commercial
- Other
- Residential-Multi-Family
Lot Description:
- Corner Lot
- Many Trees
- Public Transit (w/in 6 blks)
Farm
Soil Type:
Loam
Topography:
Sloped, Wooded
Schools
School District:
656
District Phone:
507-333-6016
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,382
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,382
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Curbs, Paved Streets, Public Road
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Sewer Available
- Storm Sewer Available
- Water Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Re/Max Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.