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TBDTRACT3 90th Ave SE, Orion Twp, MN, 55934

$1

Land

Location

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Property Highlights

Home TypeOther
MLS #6617278
StatusActive

About TBDTRACT3 90th Ave SE

This is a sealed bid auction! This is 3 of 5 tracts available see other listings for the additional 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 88.14 deeded acres of prime agricultural land, with 79.94 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. This land also has the potential for a home building site, subject to local authority approval and building permit process. The land boasts a CPI (Crop Productivity Index) of 55.6, 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 88-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!

Property Details

Property Features

Listing Office:

  • Office Name: LandProz Real Estate, LLC

Other

Directions Information:

  • Directions: From Rochester Minnesota hwy 52 travel south until the intersection of 90th Avenue SE Eyota Address. Farm is on the left off 90th Ave SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6617278

Listing Office:

  • Office Name: LandProz Real Estate, LLC

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Last updated on: 11/21/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$68

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30-Year Fixed

Rate/APR

7.5% / 6.68%

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-521771
8
/10
  • Dover-Eyota Elementary School

  • 27 Knowledge Rd SW

  • 5.79 miles

  • Public District Grades PK-5

school-card-donut-521772
5
/10
  • Chatfield Elementary School

  • 11555 Hillside Dr SE

  • 8.01 miles

  • Public District Grades PK-6

school-card-donut-521773
7
/10
  • Bear Cave Intermediate School

  • 1021 10th St NW

  • 10.76 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,536. The most common annual income of people living in Olmsted County, MN is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBDTRACT3 90th Ave SE

What is the listing price of this property?

The listing price of TBDTRACT3 90th Ave SE property is $1.

What type of property is this?

The property TBDTRACT3 90th Ave SE is land located in Orion Twp, Minnesota, 55934.

Is this property for sale now?

Active Listing: TBDTRACT3 90th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaOlmsted CountyEyota55934TBDTRACT3 90th Ave SE

This home is located at TBDTRACT3 90th Ave SE in Orion Twp, MN and zip code 55934. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1.

Olmsted County, MN housing market in October 2024 saw over 46 listings sold above listed price, more than 41 sold at listed price and over 84 sold below. The number of homes for sale in Olmsted County, MN increased by 3.5% between September 2024 and October 2024. In October 2024 median list price was $325,272 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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