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
Listing Office: LandProz Real Estate, LLC
IDX
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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.