HIGH VISIBILITY + PRODUCTIVE FARMLAND! Rare opportunity to own approximately 40 acres just off Hwy 21/Bagley Ave on the edge of Faribault offering a strong mix of income potential, usability, and future flexibility. This parcel features productive tillable acreage with an impressive 76 CPI along with open pasture ground ideal for livestock, hobby farming, or future agricultural use. Existing improvements include a 25x80 open front pole building built in 2003, 36x60 steel building built in 1975, and a classic 27x55 barn dating back to 1900-providing excellent storage and versatility for equipment, livestock, or workshop space. Convenient access from Becker Trail with easy connectivity to Hwy 21 and I-35. City sewer is on the west side of CR46 and city water runs on the east side of CR46 for future hookup. Looking for more space? An additional 9 acres including a 3500 sq ft one story home and several more outbuildings is also available for purchase (see listing at 2312 Becker Trail), creating the opportunity for an expanded homestead, business operation, or multi-generational setup. Properties with this location, acreage quality, and flexibility rarely become available!