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Ranch and Farm Auctions - Pittsfield, IL 62363

77 ACRES - OLMSTED COUNTY, MN Auction

Real Estate

Location: 917 15th Ave SE, Rochester, MN

10 a.m. Monday, September 11th, 2023
Homestead And Tillable With Development Potential In Olmsted Co, Mn - 77 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 3 Description: Recombine of Tract 1 and 2

Opportunity awaits! This property is in the Rochester Urban Service Area and is on the path of future development. The property is currently zoned by Haverhill Township but is in the path of Rochester development. You will find a 1970s built 4-bedroom 2-bathroom home with 2 car garage and 90’x54’ machine shed located on the West end of the farm. Under the current township zoning, you could split the property and build 2 more homes on the acreage. The property sits right on Viola Rd which is a hard surface county road that is well maintained. There are 71.75+/- tillable acres that would be a great addition to any farming operation or will provide a good income for an investor looking to add to their portfolio. This property would be a solid option for anyone looking to complete a 1031 exchange. The property is only a few minutes from downtown Rochester and the Mayo Clinic.

Details:

Tract #: 3

Deeded acres: 77

FSA Farmland Acres: 71.75

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

Soil PI/NCCPI/CSR2: 51.7

CRP Acres/payment: N/A

Taxes: TBD

Lease Status: Ends 2023

Possession: Immediate possession

Survey needed?: no

Brief Legal: 77+/- acres Pt NE ¼ SW ¼ and NW ¼ SE ¼ S21 T107N R13W

PIDs: 73.21.31.033501

Lat/Lon: 44.0563 -92.3919

Zip Code: 55906

 

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