TBD tract 3 90th Avenue SE, Eyota, MN 55934
$669,864
Property Type:
Land
Lot Size (sq. ft.):
3,839,378
Status:
Closed
Current Price:
$669,864
List Date:
10/12/2024
Last Modified:
1/02/2025
Description
This is a sealed bid auction! This is 3 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.
Introducing an exceptional opportunity to acquire 88.14 deeded acres of prime agricultural land, with 79.94 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. This land also has the potential for a home building site, subject to local authority approval and building permit process.
The land boasts a CPI (Crop Productivity Index) of 55.6, 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 88-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!
More Information MLS# 6617278
Contract Information
Auction Type: Reserve
Digitally Altered Photos: No
Owner is an Agent?: No
Auction?: Yes
Status: Closed
Off Market Date: 2024-11-25
Contingency: None
Current Price: $669,864
Closed Date: 2024-12-30
Original List Price: 1
Sales Close Price: 669864
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 Dimensions: 2422x2645
Acres: 88.14
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Listing City: Eyota
Map Page: 999
Municipality: Orion Twp
School District Phone: 507-867-4210
Zip Plus 4: 9261
Property ID Number: 520523088018
Tax Year: 2024
Tax Amount: 4716
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Auctioneer License: 20-20-25
Directions & Remarks
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
Acreage Information
Taxable Acres: 88
Tillable Acres: 79
Assessments
Assessment Balance: 0
Tax With Assessments: 4716
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
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 12
Section#: 5
Township#: 105
Restriction/Covenants
Easements-Utility: 1
Road Frontage
County Road: 1
Highway: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sell Entirely: 1
Topography
Level: 1
Available Utilities
None Connected: 1
Other Available: 1
Improvements
None: 1
Land Inclusions
Easements: 1
Property SubType
Acreage: 1
Agricultural Land: 1
Residential Lot: 1
Location Tax and Other Information
House Number: TBD tract 3
Street Name: 90th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Eyota
County: Olmsted
State: MN
Zip Code: 55934
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: Acreage; Agricultural Land; Residential Lot
Road Frontage: County Road; Highway
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely
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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