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TBD Tract 2 90th Avenue SE, Eyota, MN 55934

$429,348

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https://wellcomemat.com/embed/574i9fa04e021ls7k?mls=1

Property Type: Land Lot Size (sq. ft.): 2,527,351 Status: Closed

Current Price: $429,348 List Date: 10/12/2024 Last Modified: 1/20/2026

Overview

Description

This is a sealed bid auction! This is tract 2 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. Please see terms and conditions in the supplements page, for all details and buyers fee. Introducing an exceptional opportunity to acquire 58.02 deeded acres of prime agricultural land, with 54.02 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 57.5, 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 58-acre parcel is not only an ideal choice for those looking to expand their farming portfolio, but it ... (Read more)

Listing Details MLS# 6617271

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: 2650x3308
Acres: 58.02
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: Easements Property SubType: Agricultural Land Road Frontage: County Road; Highway Road Responsibility: Public Maintained Road 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: 429348
ListPrice: Yes
Owner is an Agent?: No
Auction?: Yes

Location Tax and Other Information

House Number: TBD Tract 2
Street Name: 90th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Eyota
County: Olmsted
State: MN
Zip Code: 55934

Acreage Information

Taxable Acres: 58
Tillable Acres: 54.02

Assessments

Tax With Assessments: 2950
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#: 5
Township#: 105

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: 58.02 acres more or less SECT-05 TWP-105 RANGE-012 TH PT NW1/4 SEC 5 DES AS FOL BEG NECOR NW1/4 TH S 00 DEG 46'11""E 2205.95FT TO CEN LN T.H. NO 52 TH N 45 DEG 59'48""W 2558.58FT TH AL TANGENTIAL CURVE 937.15FT CONCAVE SWLY RADIUS 1432.77FT DELTA ANGLE 37 DEG 28'34"" CHORD 920.53FT CHORD BEARING N 64 DEG 44'06""W TH N 00 DEG 54'09""W 27.93FT TO NWCOR NW1/4 TH N 89 DEG 50'16""E 2643.69FT TO THE POB SEC 5-105-12
Listing City: Eyota
Map Page: 999
Municipality: Orion Twp
School District: Chatfield
School District Phone: 507-867-4210
Zip Plus 4: 9261
Property ID Number: 520521088017
Tax Year: 2024
Tax Amount: 2950
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! This is tract 2 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. Please see terms and conditions in the supplements page, for all details and buyers fee. Introducing an exceptional opportunity to acquire 58.02 deeded acres of prime agricultural land, with 54.02 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 57.5, 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 58-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!
Directions: From Rochester Minnesota hwy 52 travel south 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
Easements-Utility: Yes

Road Frontage

County Road: Yes
Highway: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Topography

Level: Yes

Available Utilities

None Connected: Yes
Other Available: Yes

Improvements

None: Yes

Land Inclusions

Easements: 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.