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
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.