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TBD Tract 1 90th Avenue SE, Eyota, MN 55934

$304,000

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https://wellcomemat.com/embed/574iee49e7fc1ls7i?mls=1

Property Type: Land Lot Size (sq. ft.): 1,742,400 Status: Closed

Current Price: $304,000 List Date: 10/12/2024 Last Modified: 1/20/2026

Overview

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, 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 t ... (Read more)

Listing Details MLS# 6617267

General Property Information

Comp Sale YN: No
Development: No
Drainage: Natural Type
Is Buyers Premium: Yes
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: 1278x1269
Acres: 40
Association Fee: 0

Property Features

Available Utilities: None Connected; Other Available Crop Type: Beans; Corn Development Status: Raw Land Farm Type: Crop Financing Terms: Cash Improvements: None Land Inclusions: None Property SubType: Agricultural Land Road Frontage: County Road; Highway Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Topography: Level

Contract Information

Auction Type: Reserve
Off Market Date: 2024-11-25
Contingency: None
Closed Date: 2024-12-30
Original List Price: Yes
Sales Close Price: 304000
ListPrice: Yes
Owner is an Agent?: No
Auction?: Yes

Location Tax and Other Information

House Number: TBD Tract 1
Street Name: 90th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Eyota
County: Olmsted
State: MN
Zip Code: 55934

Acreage Information

Taxable Acres: 40
Tillable Acres: 38.5

Assessments

Tax With Assessments: 2316
Assessment Balance: 0

More Information

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 12
Section#: 32
Township#: 106

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECT-32 TWP-106 RANGE-012 40.00 AC SW 1/4 SW 1/4 SEC 32 106 12
Listing City: Eyota
Map Page: 999
Municipality: Eyota Twp
School District: Chatfield
School District Phone: 507-867-4210
Zip Plus 4: 9261
Property ID Number: 623233032862
Tax Year: 2024
Tax Amount: 2316
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Auctioneer License: 20-20-25

Directions & Remarks

Public Remarks: 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.
Directions: From Rochester Minnesota hwy 52 travel south 11 miles until the intersection of 90th Avenue SE Eyota Address. Farm is on the left off 90th Ave SE

Crop Type

Beans: Yes
Corn: Yes

Development Status

Raw Land: Yes

Farm Type

Crop: Yes

Financing Terms

Cash: Yes

Insurance Fee

Insurance Fee: 0

Restriction/Covenants

Easements-Road/Right of Way: Yes

Road Frontage

County Road: Yes
Highway: Yes

Road Responsibility

Public Maintained Road: Yes

Sale Options

Sell Entirely: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Topography

Level: Yes

Available Utilities

None Connected: Yes
Other Available: Yes

Improvements

None: Yes

Land Inclusions

None: Yes

Property SubType

Agricultural Land: Yes

Listing Office: Midwest Home and Farm Realty

Last Updated: January - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.