TBD tract 3 90th AVE SE Sold Save Request In-Person Tour Request Virtual Tour
Orion Twp,MN 55934
Key Details
Sold Price $669,864
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6617278
Annual Tax Amount $4,716
Tax Year 2024
Lot Size 88.140 Acres
Property Description
This is a sealed bid auction! This is 3 of 5 tracts available see other listings for the additional tracts being sold. This is an agricultural land opportunity. All bids are due by November 22, 2024 at 5pm. Please see terms and conditions in the supplements page, for all details and buyers fee.
Introducing an exceptional opportunity to acquire 88.14 deeded acres of prime agricultural land, with 79.94 acres available for tillable farming. This productive farmland is located just 11 miles south of Rochester, Minnesota, conveniently situated directly off Highway 52, making it easily accessible on the route to Chatfield, Minnesota. This land also has the potential for a home building site, subject to local authority approval and building permit process.
The land boasts a CPI (Crop Productivity Index) of 55.6, indicating its potential for high-yield farming operations. Currently, the property generates a solid rental income of $300 per acre, providing a reliable return on investment for the new owner.
This 88-acre parcel is not only an ideal choice for those looking to expand their farming portfolio, but it also offers the potential for a variety of agricultural uses, whether you're interested in leasing the land to local farmers or managing the crops yourself. Don't miss out on this fantastic opportunity to invest in a productive piece of farmland with great income potential!
Location
State MN
County Olmsted
Zoning Agriculture
Exterior
Utilities Available None Connected,Other Available
Schools
School District Chatfield
Others
Special Listing Condition Auction