TBD Tract 5 75th Avenue SE, Eyota, MN 55934
$250,350
Property Type:
Land
Lot Size (sq. ft.):
1,960,200
Status:
Closed
Current Price:
$250,350
List Date:
10/12/2024
Last Modified:
1/02/2025
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!
More Information MLS# 6617338
Contract Information
Auction Type: Reserve
Digitally Altered Photos: No
Owner is an Agent?: No
Auction?: Yes
Status: Closed
Off Market Date: 2024-12-02
Contingency: None
Current Price: $250,350
Closed Date: 2024-12-31
Original List Price: 1
Sales Close Price: 250350
ListPrice: 1
List Date: 2024-10-12
Office/Member Info
Association: SEMR
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
Yearly/Seasonal: Yearly
Zoning: Agriculture, Lot
Lot Dimensions: 1126x2636
Acres: 45
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
High School: Mayo
Map Page: 999
Municipality: Marion Twp
School District Phone: 507-328-3000
Zip Plus 4: 9261
Property ID Number: 633641036268
Tax Year: 2024
Tax Amount: 2150
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Auctioneer License: 20-20-25
Directions & Remarks
Directions: From Rochester Minnesota hwy 52 travel 9 miles south until the intersection of 75th Ave SE, take a left and the farm is on the right side
Acreage Information
Taxable Acres: 45
Tillable Acres: 43
Assessments
Assessment Balance: 0
Tax With Assessments: 2150
Builder Information
Builder Restrictions: Open
Crop Type
Beans: 1
Corn: 1
Development Status
Raw Land: 1
Farm Type
Crop: 1
Financing Terms
Cash: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Fiber Optic: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 13
Section#: 36
Township#: 106
Restriction/Covenants
Easements-Road/Right of Way: 1
Easements-Utility: 1
Road Frontage
County Road: 1
Township: 1
Sale Options
Sell Entirely: 1
Sellers Terms
Cash: 1
Conventional: 1
Topography
Level: 1
Available Utilities
Electricity Available: 1
None Connected: 1
Other Available: 1
Improvements
None: 1
Land Inclusions
None: 1
Property SubType
Acreage: 1
Agricultural Land: 1
Residential Lot: 1
Location Tax and Other Information
House Number: TBD Tract 5
Street Name: 75th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Eyota
County: Olmsted
State: MN
Zip Code: 55934
Property Features
Available Utilities: Electricity Available; None Connected; Other Available
Crop Type: Beans; Corn
Development Status: Raw Land
Farm Type: Crop
Financing Terms: Cash
Improvements: None
Internet Options: Fiber Optic
Land Inclusions: None
Lot Description: Tree Coverage - Medium
Property SubType: Acreage; Agricultural Land; Residential Lot
Road Frontage: County Road; Township
Sale Options: Sell Entirely
Sellers Terms: Cash; Conventional
Topography: Level
Documents
Listing Office:
LandProz Real Estate, LLC
Last Updated: January - 02 - 2025
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.
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