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Light Industrial (10% Improved Office Space; Machine Shop)Industrial

2975 INDUSTRIAL DR

FARIBAULT, MN 55021
0
Baths
10,800 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.53 ac
Lot SizeThe size of the land the home sits on, from county records.
2021
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$25,058 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$925,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$143,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$781,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$919,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$925,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.34 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Light Industrial (10% Improved Office Space; Machine Shop)
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.2.53
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln Elementary SchoolB-
Elementary · Grades KG–5 · 1.9 mi
H
Faribault High SchoolC
High · Grades 9–12 · 2.5 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 3.6 mi

District: Faribault Public School District

Neighborhood · ZIP 55021These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.31,482
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.164 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,459
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2975 Industrial Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Faribault 55021
  • Has a bigger lot than 81% of homes in Faribault 55021
  • Newer than 98% of homes in Faribault 55021

How it measures up in Faribault 55021

The dot is this home. The mark in the middle is the typical home in Faribault 55021.

Living area10,800 ft²
SmallerTypical 1,350 ft²Bigger

Bigger than almost all homes nearby

Lot size2.53 ac
SmallerTypical 0.3 acBigger

Bigger than 81% of homes nearby

Year built2021
OlderTypical 1972Newer

Newer than 98% of homes nearby

How 2975 Industrial Dr ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Living areabigger than10,800 ft²almost all homesalmost all homes
Lot sizebigger than2.53 ac81% of homes76% of homes
Year builtnewer than202198% of homes98% of homes

About 2975 Industrial Dr

When did 2975 Industrial Dr, Faribault, MN last sell?

2975 Industrial Dr, Faribault, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 2975 Industrial Dr, Faribault, MN?

2975 Industrial Dr, Faribault, MN has 10,800 square feet of living space and a 2.53-acre lot.

When was 2975 Industrial Dr, Faribault, MN built?

2975 Industrial Dr, Faribault, MN was built in 2021, making it 5 years old. The building has 1 story.

What schools serve 2975 Industrial Dr, Faribault, MN?

2975 Industrial Dr, Faribault, MN is assigned to Lincoln Elementary School (elementary), rated B-; Faribault High School (high), rated C; Faribault Middle School (middle), rated D. All sit in Faribault Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2975 Industrial Dr, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,106 homes in Faribault 55021, it is bigger than almost all of them (10,800 ft² against a typical 1,350 ft²), its lot is bigger than 81% of them (2.53 ac against a typical 0.3 ac) and it is newer than 98% of them (2021 against a typical 1972). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2975 Industrial Dr, Faribault, MN?

The 2026 property tax bill for 2975 Industrial Dr, Faribault, MN was $25,058. The county assessed it at $925,100.

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