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Investment Highlights

  • 6.4 acres of versatile land
  • Sewer Available, Water Available
  • Electricity Available, Natural Gas Available, None Connected

Executive Summary

This 6.4-acre parcel offers a rare development opportunity in Faribault, Minnesota, with unmatched flexibility for a range of projects. Currently zoned TUD, the site can accommodate multiple future uses, from residential projects to commercial ventures. Its rolling topography and expansive dimensions create a strong foundation for customization while benefiting from convenient access to Division Street and major local thoroughfares. Utilities including electricity, natural gas, sewer, and water are available, streamlining the development process for builders and investors alike.

Property Facts

Price $339,500 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 6.40 AC
Opportunity Zone Yes
Zoning TUD - TUD

1 Lot Available

Lot

Price $339,500 CAD
Price Per AC $53,046.88 CAD
Lot Size 6.40 AC

Electricity Available,Natural Gas Available,None Connected,Sewer Available,Water Available

Description

What a fantastic opportunity this property is! With 6.4 acres of versatile land, you’ve got a lot of potential uses to consider. Whether someone’s interested in a private retreat for your new home, developing multi-family housing, starting an agricultural venture, or exploring other possibilities, this parcel offers a lot of flexibility.

Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
  • Listing ID: 33115612

  • Date on Market: 2024-09-09

  • Last Updated:

  • Address: 14xx Division St, Faribault, MN 55021

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