TBD 40th Street SW, Rochester, MN 55902
$2,325,000
Property Type:
Land
Lot Size (sq. ft.):
6,534,000
Status:
Closed
Current Price:
$2,325,000
List Date:
2/02/2024
Last Modified:
6/03/2025
Overview
Description
Listing Details MLS# 6343960
General Property Information
- Comp Sale YN
- No
- Development
- No
- Drainage
- Good
- Lot Measurement
- Acres
- Multiple PIDs?
- Yes
- Plat Recorded
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Agriculture
- Lot Dimensions
- 2230x2625x2625x1540x400x1066
- Acres
- 150
- Association Fee
- 0
Property Features
Available Utilities:
None Connected
Crop Type:
Beans; Corn
Development Status:
Raw Land
Farm Type:
Crop
Financing Terms:
Cash
Improvements:
None
Land Inclusions:
None
Lock Box Type:
None
Lot Description:
Tillable; Tree Coverage - Light
Property SubType:
Agricultural Land; Development
Road Frontage:
County Road
Sale Options:
Sell Entirely
Soil Type:
Loam
Topography:
Gently Rolling
Contract Information
- Off Market Date
- 2024-04-24
- Contingency
- None
- Closed Date
- 2024-08-16
- Original List Price
- 3200000
- Sales Close Price
- 2325000
- ListPrice
- 3200000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- TBD
- Street Name
- 40th
- Street Suffix
- Street
- Street Direction Suffix
- SW
- Postal City
- Rochester
- County
- Olmsted
- State
- MN
- Zip Code
- 55902
Acreage Information
- Taxable Acres
- 150
- Tillable Acres
- 135.89
- Wooded Acres
- 14
Additional Parcels Information
- Property ID #2
- 642142050324
More Information
Assessments
- Tax With Assessments
- 8108
- Assessment Balance
- 0
Builder Information
- Builder Restrictions
- Open
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 14
- Section#
- 21
- Township#
- 106
Office/Member Info
- Association
- SEMR
- MLSID
- RMLS
Location, Tax and Other Information
- AssocFeeYN
- No
- Elementary School
- Bamber Valley
- High School
- Mayo
- Listing City
- Rochester
- Map Page
- 999
- Middle School
- Willow Creek
- Municipality
- Rochester Twp
- Rental License?
- No
- School District
- Rochester
- School District Phone
- 507-328-3000
- Zip Plus 4
- 9526
- Property ID Number
- 642144041902
- Tax Year
- 2022
- Tax Amount
- 8108
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- In SW Rochester sits this great investment property for future land development. Bordering the Hart Farms subdivision to the west lies a good 150 acre farm with city streets boarding the property for future land development. The property currently is being farmed and offers 135.89 +/- acres tillable. There is good access to this farm off of 40th Street SW / County Road 117 SW a hard surface road. Property can be split up into 5 Acre and 35 acre parcel for building sites or held for future land development down the road.
- Directions
- From Hwy 63; go West up 40th Street SW. Property will be just past Hart Farms Subdivision on North side of road.
Crop Type
- Beans
- Yes
- Corn
- Yes
Development Status
- Raw Land
- Yes
Farm Type
- Crop
- Yes
Financing Terms
- Cash
- Yes
Insurance Fee
- Insurance Fee
- 0
Lock Box Type
- None
- Yes
Lot Description
- Tillable
- Yes
- Tree Coverage - Light
- Yes
Restriction/Covenants
- None
- Yes
Road Frontage
- County Road
- Yes
Sale Options
- Sell Entirely
- Yes
Soil Type
- Loam
- Yes
Topography
- Gently Rolling
- Yes
Available Utilities
- None Connected
- Yes
Improvements
- None
- Yes
Land Inclusions
- None
- Yes
Property SubType
- Agricultural Land
- Yes
- Development
- Yes
Listing Office:
Tony Montgomery Realty & Auction
Last Updated: June - 03 - 2025
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