$1
Pending

TBD tract 4 54th Street SE

Marion, MN 55904
Listing OfficeLandProz Real Estate, LLC
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is a sealed bid auction! This is 4 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.
Discover an exceptional more or less 80 subject to split and survey deeded acres of prime land, with 44 more or less acres tillable, featuring a perfect blend of rockton loam soil types. This property boasts a Crop Productivity Index (CPI) of 68, making it an ideal canvas for agricultural endeavors.
Nestled just 9 miles from downtown Rochester, Minnesota, and conveniently located about a mile from I-90, this parcel enjoys a prominent location right off Highway 52. This accessibility makes it not only a fantastic investment for farming but also a potential future residence, as a new buyer would have the opportunity to build a home pending approval from Olmsted County zoning and building permitting.
The farmland currently generates a promising income of $250 per acre for the 2025 and 2026 seasons, providing a lucrative opportunity for anyone looking to rent out the land or enhance their own agricultural portfolio. Whether you're interested in operating the land yourself with corn or bean crops or seeking to invest in a high-demand area, this property is a rare find. Has has manure application in the past for better yields.
Don't miss out on this incredible opportunity to own a versatile piece of land in a thriving location!

  • Property Details
      • Utility FeaturesNone Connected, Electricity Available, Other Available
      • Elementary SchoolBamber Valley
      • Middle SchoolWillow Creek
      • Parcel Number633614036267
      • School DistrictRochester
      • Property TypePurchase
      • CountyOlmsted
      • MLS #6617281
      • MLS #6617281
      • Taxes Annual$3,460
      • High SchoolMayo
      • Property SubtypeLand
      • Days on Market (Cumulative)19
      • Cost1

Location

Sean O'Brien | CB RealtyReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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