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TBDTRACT5 75th Ave SE, Marion Twp, MN, 55934

$1

Land

Location

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Property Highlights

Home TypeOther
MLS #6617338
StatusActive

About TBDTRACT5 75th Ave SE

This is a sealed bid auction! This is 5 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. Discover an exceptional 45 more or less subject to split and survey deeded acres of prime land, with 43 more or less acres classified as tillable, featuring a perfect blend of rock and loam soil types. This property boasts a 63.4 Crop Productivity Index (CPI) of making it an ideal canvas for agricultural endeavors. Nestled just 9 miles from downtown Rochester, Minnesota, and conveniently located about a mile from I-90, this parcel enjoys a prominent location right off Highway 52. This accessibility makes it not only a fantastic investment for farming but also a potential future residence, as a new buyer would have the opportunity to build a home pending approval from Olmsted County zoning and building permitting. The farmland currently generates a promising income of $250 per acre for the 2025 and 2026 seasons, providing a lucrative opportunity for anyone looking to rent out the land or enhance their own agricultural portfolio. Has had manure application in the past. Whether you're interested in operating the land yourself with corn or bean crops or seeking to invest in a high-demand area, this property is a rare find. Don't miss out on this incredible opportunity to own a versatile piece of land in a thriving location!

Property Details

Property Features

Listing Office:

  • Office Name: LandProz Real Estate, LLC

Lot Features

Lot Information:

  • Lot: Some Trees

Other

Directions Information:

  • Directions: From Rochester Minnesota hwy 52 travel 9 miles south until the intersection of 75th Ave SE, take a left and the farm is on the right side

Price Information

Listing Price Info

Price Summary:

  • List Price: $1
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6617338

Listing Office:

  • Office Name: LandProz Real Estate, LLC

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Last updated on: 11/21/2024, 8:22:47 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-414699
8
/10

  • Dover-Eyota Elementary School

  • 27 Knowledge Rd SW

  • 5.61 miles

  • Public District Grades PK-5

school-card-donut-414700
7
/10

  • Bear Cave Intermediate School

  • 1021 10th St NW

  • 10.16 miles

  • Public District Grades 3-5

school-card-donut-414701
5
/10

  • Chatfield Elementary School

  • 11555 Hillside Dr SE

  • 10.26 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,137. Typical income of Olmsted County, MN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBDTRACT5 75th Ave SE

What is the listing price of this property?

The listing price of TBDTRACT5 75th Ave SE property is $1.

What type of property is this?

The property TBDTRACT5 75th Ave SE is land located in Marion Twp, Minnesota, 55934.

Is this property for sale now?

Active Listing: TBDTRACT5 75th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›Minnesota›Olmsted County›Eyota›55934›TBDTRACT5 75th Ave SE

This home is located at TBDTRACT5 75th Ave SE in Marion Twp, MN and zip code 55934. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1.

Over 46 listings were sold over their listed price in October 2024 in Olmsted County, MN. In the same period over 84 listings were sold below the listed price and 41 listings were sold for the listed price. The number of listings 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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