This is a sealed bid auction! 1 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 at 5pm. Please see terms and conditions in the supplements page, for all details and buyers fee.
Introducing an exceptional opportunity to acquire 40 deeded acres of prime agricultural land, with 39 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 58.8, 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 40-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! Existing access to this tract will need to be shared with tract 2 if two different buyers enter into a contract and sale with the sellers.