TBD Tract 5 75th Avenue SE
Marion, MN 55934
Description
This is a sealed bid auction! This is 5 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 45 more or less subject to split and survey deeded acres of prime land, with 43 more or less acres classified as tillable, featuring a perfect blend of rock and loam soil types. This property boasts a 63.4 Crop Productivity Index (CPI) of 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. Has had manure application in the past. 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.
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
- Lot FeaturesTree Coverage - Medium
- Lot DescriptionTree Coverage - Medium
- Elementary SchoolBamber Valley
- Middle SchoolWillow Creek
- Parcel Number633641036268
- School DistrictRochester
- Property TypePurchase
- CountyOlmsted
- MLS #6617338
- MLS #6617338
- Taxes Annual$2,150
- High SchoolMayo
- Property SubtypeLand
- Days on Market (Cumulative)20
- Cost1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Jennifer Busch (#NST503513727)
Listing Office: LandProz Real Estate, LLC (#NST27846)
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.