Sold

Solid Investment Property With Tillable Acreage

Acreage

120 ±

County

Steele

SOLD

Address 8199 89th Avenue SE, Lot#WP001 Claremont, MN 55329

View on Google Maps

Description

This farm has been in the family for a long time and is now available to purchase and add to your farming operation. 95.7 acres were just removed from CRP and are available for immediate farming. The northeast 59-60 acres was only in for a few years and is in the process of being cut and bailed. A buyer could easily spray and no-till beans in yet this year. The remaining tillable acres will most likely need a lite mowing and discing. This would allow you even to plant a fall or winter crop. The middle 20-22 acres of the farm offer an established driveway to an old building site which would make for a great new building site. If you are looking for just income-producing land, you could purchase this property and sell off the building site to your desire to minimize your total investment. This property would make for a solid addition to any farming operation, 1031 exchange, or addition to your investment portfolio. This is an excellent option for someone looking to start a hobby farm. Properties like this do not come on the market often. Give Bob a call to schedule your private showing.

Details

  • 95.7 acres tillable
  • Average CPI 72.9
  • Great spot for a building site
  • Could still plant yet this year
  • Quick possession possible
  • Deer hunting
  • Solid investment option
  • Great addition to any farming operation
  • Excellent option for a 1031 exchange
  • Hard surface road access
  • Short commute to Owatonna or Rochester

Summary

Land Type

Hunting and Recreational

Land Details

Timber, Tillable

Road Surface

Pavement, Blacktop/Asphalt, Gravel

Property Type

Recreational Land, Hunting Land

Road Frontage

County Road

Improvements/Features

Small Game, Big Game

Land and Farm Property Types

Land - Hunting, Land - Recreational

Other Property Details

Coordinates

43.9747, -93.0492

Annual Taxes

$4,989

Sold Property

For more information or to see additional properties currently for sale see Bob Stalberger's listings.

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