1 90th Avenue Southeast
$1
1,742,400 / 40
Description
This is a sealed bid auction! 1 of 5 tracts available see other listings for the additional 4 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 40 deeded acres of prime agricultural land, with 39 acres available for tillable farming. This productive farmland is located just 11 miles south of Rochester, Minnesota,...This is a sealed bid auction! 1 of 5 tracts available see other listings for the additional 4 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 40 deeded acres of prime agricultural land, with 39 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. The land boasts a CPI (Crop Productivity Index) of 58.8, 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 40-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! Existing access to this tract will need to be shared with tract 2 if two different buyers enter into a contract and sale with the sellers.
- Listed by LandProz Real Estate, LLC
Property Details for 1 90th Avenue Southeast
Zoning Jurisdiction
Agriculture
LISTING UPDATED: 10/18/2024 12:52 PM
Property Details for 1 90th Avenue Southeast
Status | Active |
---|---|
MLS # | 6617267 |
Days on Compass | 13 |
Taxes | $2,316 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 40.00 AC |
County | Olmsted County |
Building Information for 1 90th Avenue Southeast
Lot Size40.00 AC
Property Information for 1 90th Avenue Southeast
Property History for 1 90th Avenue Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1 90th Avenue Southeast
This home is within Chatfield Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Chatfield Elementary School PublicPK to 6 | ||
Chatfield Secondary Public7 to 12 | ||
Focus Alp Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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