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$1,179,045
Est. payment /mo
112.29 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6713670
Annual Tax Amount $9,452
Tax Year 2024
Contingent None
Lot Size 112.290 Acres
Acres 112.29
Lot Dimensions 3121x3173
Property Description
Presenting an outstanding 112 more or less acre tillable productive farm located off County Just off of Highway 52 just south of Rochester, Minnesota, and north of Chatfield, in one of Southeast Minnesota's most prestigious and highly desirable areas. This property is a rare find, boasting a Crop Productivity Index (CPI) 86.3 ensuring exceptional soil quality and productivity across its approximately 149 acres of tillable, highly fertile farmland. This farm offers a proven track record of profitability, with past rental rates reaching an impressive $300 per acre. 2025 and 2026 are rented out, and that contract would be assigned to the new buyer continuing to lease the land, providing immediate income potential for the new owner. Whether you're an investor seeking a reliable revenue stream or a farmer looking to cultivate premium acreage, this property delivers unmatched opportunity. Nestled in the scenic countryside of Southeast Minnesota, this farm combines agricultural excellence with a prime location near Rochester MN, offering both accessibility and the tranquility of rural living. Land of this caliber, with such productivity and rental history, is a rarity in this sought-after region—don't miss your chance to own a cornerstone of the area's farming heritage! Property Taxes will be adjusted with the split with the county assessors office upon closing. An estimate can be provided prior to closing.
Location
State MN
County Olmsted
Zoning Agriculture
Interior
Inclusions Easements, Survey
Fireplace No
Exterior
Utilities Available None Connected, Cable Available, Electricity Available
Building
Lot Description Tillable
Schools
School District Chatfield
Others
Restrictions Easements,Easements-Road/Right of Way
Virtual Tour https://wellcomemat.com/embed/574ia13bff5e1m4ej?mls=1
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Listed by Jennifer Busch • LandProz Real Estate, LLC