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Ranch and Farm Auctions - Pittsfield, IL 62363

72 ACRES - OLMSTED COUNTY, MN Auction

Real Estate

Location: 917 15th Ave SE, Rochester, MN

10 a.m. Monday, September 11th, 2023
Tillable Acres With Development Potential In Olmsted Co, Mn - 72 Acres
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Auction Date: 09/11/2023 Auction Time: 10:00 AM CDT

Auction Location: Eagles Club, 917 15th Ave SE, Rochester, MN 55904

Open House: 08/30/2023 from 4 PM - 6 PM, Viola Road NE, Rochester, MN 55906

Tract 2 Description:

Look no further if you are on the search for a solid investment opportunity. This farm is located just minutes from downtown Rochester and Mayo Clinic. It is right in the path of future Rochester development and just outside city limits, less than 2 miles to Century High School on a hard surfaced county road. It is currently under Haverhill Township zoning which would allow you build up 2 two homes on the property currently, however the property sits in the direction of future development making it prime for a solid long-term investment with 69.1+/- tillable acres that is available for farming in 2024. This would be a solid addition to any farming operation or anyone looking to do a 1031 exchange. Land is a great hedge against inflation and this property has a ton of upside potential. Come build your dream house or hold and watch your investment grow. If the property is purchased as a split from the entire farm the county will require the field road on the curve to be relocated along the north side of the property for better sight lines, this will be the buyer’s expense to take care of.

 

Details:

Tract #: 2

Deeded acres: 72

FSA Farmland Acres: 69.1

Soil Types: Rockton loam, Channahon loam, Shullsburg silt loam

Soil PI/NCCPI/CSR2: 51.7 CPI

CRP Acres/payment: na

Taxes: TBD

Lease Status: Ends 2023

Possession: Immediate possession

Survey needed?: yes

Brief Legal: 72+/- acres Pt NE ¼ SW ¼ and NW ¼ SE ¼ S21 T107N R13W

PIDs: Part of 73.21.31.033501

Lat/Lon: 44.0563 -92.3906

Zip Code: 55906

 

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