0 Hwy I35 South/Hwy 60 West, Faribault - Parcel 2: Commercial, Development: Commercial Development Land! Many permitted & conditional uses allowed in Hwy-Commercial Zoning Dis This property is located in Rice County (Faribault), Minnesota

0 Hwy I35 South/Hwy 60 West, Faribault - Parcel 2: Commercial, Development

Rice County, MN · 23.1 +/- AC ($30,500/AC) · $704,550

View Map
KEY
toggle this layer on to view its legend.
toggle this layer on to view its legend.
toggle this layer on to view its legend.
toggle this layer on to view its legend.

DISCLOSURE

All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

SHOW MAP
0 Hwy I35 South/Hwy 60 West, Faribault - Parcel 2:  Commercial, Development

This property has 10 photos. View Gallery

0 Hwy I35 South/Hwy 60 West, Faribault - Parcel 2: Commercial, Development

   

Rice County, Minnesota
23.1 +/- Acres ($30,500/acre)
$704,550

Parcel #/ID:  18.35.4.50.002

Commercial Development Land!

Many permitted & conditional uses allowed in Hwy-Commercial Zoning District.

Tax increment financing & tax abatement programs available - dependent on the development.

Estimated Acres:

+/- 23.10 acres: 21.50 tillable with CER 82; 1.60 acres waste

List price reflects $0.70/SF for this Hwy-Commercial Development Land

Legal Description:

+/-23.10 acres: all that part E75 acres S 1/2 of SE 1/4 lying W W'ly ROW Hwy I35, Section 35-110-21, City of Faribault, County of Rice, MN

Property Highlights:

    • 30,000 vehicles per day I35 South!
    • 9,000 vehicles per day Hwy 60 West!
    • Gently rolling topography
    • Great visibility at the junction I35 South & Hwy 60 West
    • 5 minutes from Faribault Municipal Airport
    • 40 minutes from Mpls-St Paul International Airport
    • Within city limits and access to city utilities
    • Tax increment financing and/or tax abatement programs available – dependent on project
  • Zoned Hwy-Commercial

    Great visibility I35!

    3.5 miles to Faribault Municipal Airport

    +/-40 miles south of Twin Cities

    Adjacent +/-23.10 acre parcel also available! North of this 19.30 acre tract.

    Many permitted and conditional uses as follows.

  • Faribault – City: C-2 Hwy Commercial Zoning District

    Permitted Uses

    Conditional Uses

    General retail sales & services

    Auction establishments

    Antiques & collectibles

    Ambulance facilities

    Bank/financial institution

    Digital billboard

    Boat/marine sales

    Auto repair

    Bookstore

    Truck & trailer sales/service

    Bldg material sales

    Brewery

    Child care center

    Restaurant – drive through

    Firearms dealer

    Outdoor recreation area

    Funeral home

    Parking facilities, ramps

    Greenhouse, lawn & garden supplies

    Stadiums, arenas

    Grocery/convenience store

    Religious institution place of assembly

    Laundry, self-service

    Hospital

    Pawn shop

    Multi-family dwelling

    Visual, performing, or martial arts school

    Dwelling in conjunction w/business

    Pet store

    Congregate living: six or less; 7-16; 17-32; or nursing home, senior housing facility

    Photocopying

    Communication facilities, towers

    Recreational vehicle sales & service

    Essential services

    Rental of household goods/equipment

    Non-nuclear elec. generation plant

  • Zoning Uses: Permitted Conditional:

    Shopping center

    Small engine repair

    Tattoo parlor

    Veterinary clinic

    Video store

    Offices

    Automobile convenience facility

    Auto sales or rentals

    Car Wash

    Bar, nightclub, liquor establishment

    Coffee shop w/limited entertainment

    Liquor store

    Restaurant or with general entertainment

    Bowling alley

    Hotel, motel

    Indoor recreation facility

    Sports and health facility

    Indoor theatre

    Early childhood education center

    Schools, vocational or business

    Clubs and lodges

    Community center

    Library

    Museum

    Park

    Clinic: medical or dental

  • Zoning Uses: Permitted Conditional:

    Massage parlor

    Farm & equipment sales

    Contractor office and showroom

    Furniture moving and storage

    Industrial machinery & equipment sales, service…

    Printing/publishing

    Self-service storage facility

    Wholesaling, warehousing, & distribution

    Governmental buildings and structures

    Public utility bldgs and structures

  • Lot dimension and building regulations:

    Minimum Lot Area: 20,000 SF

    Minimum lot width: 100’

    Setback Requirements: See Pg 11 of Zoning Ordinance

    Maximum Floor Area – commercial uses: Limited to 1/2 of the SF of the gross floor area

    Maximum Floor Area – wholesale sales Limited to 4000 SF of gross floor area or 45% gross floor area, whichever is less

    See Page 13 for other regs

    Maximum height: 3 stories or 42’, whichever is less

    Maximum ground coverage: Total of ground area covered by structures shall not exceed 50% of total lot area. Total of ground area covered by structures, exterior storage areas, off- street parking and loading areas shall not exceed 80% total lot area.

    Outdoor parking: For trucks and other commercial vehicles shall be limited to single rear axle vehicles of not more than 15,000 pounds, when located within 300’ of a residential district boundary. There is no limit on size of trucks & other commercial vehicles when located more than 300’ from a residential district.

  • Demographics for Rice County:

    • Population: 65,300 and growing faster than State & National averages
    • Two largest cities:
    • 1) Faribault: 24,000 and land is on SW edge of Faribault

    2) Northfield: 20,000, located 14 miles north of this site

    • County draws workers from nine surrounding counties
    • Local, regional, national & international companies
    • Rail, bus, motor freight, and overnight package delivery services
    • Several telephone, internet & cable services within the county
  • UTILITIES

    NATURAL GAS

    • The Gas Line runs along the northern & eastern side of the property
    • Provided & serviced by Excel Energy Co. @ 507-334-2917

    ELECTRICITY

    • Distribution line running east to west through northern part of property
    • Transmission line running along northeastern corner of property
    • Provided & serviced by Excel Energy Company

    WATER

    • Two different water lines are located near the property:
    • One 8.0 inch line is located to the north across Hwy 60; and
    • One 12.0 inch line is located to the east across I35 accessed by a 36.0 inch casing running beneath I35
    • Provided & serviced by the City of Faribault @ 507-333-0361

    SEWER

    • Two different sewer lines are located near the property:
    • One, 12.0 inch line is located to the north across Hwy 60; and
    • One 8.0 inch line is located to the east across I35 accessed by a 36.0 inch casing running beneath I35
    • Provided and serviced by the City of Faribault @ 507-333-0361
  • Thank you for considering this National Land Realty opportunity.

    National Land Realty is pleased to present this real estate opportunity for your review. Our goal is to provide you with the information you need to make an informed decision.

    We are here to help. Please review this information and contact us with any questions you may have. We are prepared to discuss how this property meets your needs. Should you need assistance with questions regarding taxes, law, finance, or other areas of professional expertise, we are happy to work with your advisor or we can recommend competent professionals.

  • How to acquire this property. When you have made a decision to move forward, we can help structure a proposal that covers all the complexities of a commercial real estate transaction. As seller's/landlord's representatives, we know the seller's/landlord's specific needs and can tailor a proposal that expresses your desires, provides appropriate contingencies for due diligence and results in a win-win transaction for all parties.

  • Agency and you. We have been retained by the seller to represent them in the marketing of their commercial, investment, or development real estate. Minnesota is a consumer-protection state and requires disclosure of agency relationships. Minnesota's Agency Relationships in Real Estate Transactions will be provided at the first substantive contact we have with you. If you have questions about agency and how it relates to your search for the right property, please ask us. We will answer your questions and review the alternatives.

  • Information Provided: Information herein has been obtained from the property owner or other sources that we deem reliable. However, neither the owner nor National Land Realty guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of National Land Realty.

  • I35 Corridor Information!

    As noted in the zoning information, there are many uses for this site (and adjacent site) which has 1300' of total frontage between the two parcels along I35 South: from commercial, industrial, warehousing/distributing, corporate & professional offices, restaurants/cafes, truck terminals/cartage, and more.

  • I35 Corridor Information!

    * I35 stretches from Duluth, MN to Laredo, TX (north to south)

    *Through the states of MN, IA, MO, KS, OK, and TX

    *Major cities: Duluth, Minneapolis, Des Moines, Kansas City, Wichita, OK City, Dallas/Forth Worth, Waco, Austin, San Antonia, and Laredo

    Call Terri regarding this great development opportunity!

    Mobile: 507-382-0908 email: tjensen@nationalland.com

Taxes:  $2,172/year (2018)

More Photos:

×

Send to a Friend

Fill out the form below and click "Send" to send "0 Hwy I35 South/Hwy 60 West, Faribault - Parcel 2: Commercial, Development" to your friends, family or real estate agent.

Type a note above to go along with the property information that will be included automatically in the email.

×

Contact the Agent

Fill out the form below and click "Send" to contact Terri about this property.

×