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Listing Details
- $3,846,010
- MLS# 7083677
- Type Land - Farm
- Status Active
Listed By
Agency Name: Midwest Home and Farm Realty
Agency Phone: 507-923-7657
Shown By
Agency Title: Town & Country Realty - Commercial Division
Agency Phone: 701-239-2250
Home Value Estimate
Description
TBD 31st Avenue NW offers a versatile agricultural investment with exceptional long-term commercial and industrial development potential along the high-traffic Hwy 52 corridor in Oronoco Township, Olmsted County, Minnesota. This 81.83-acre parcel (74.10 tillable acres) delivers immediate cash-flow from productive farmland while positioned in one of Southeast Minnesota's strongest growth corridors, minutes from Rochester and the Mayo Clinic's multi-billion-dollar expansion.Currently leased to a long-term tenant of 35 years at $250 per tillable acre, the property generates approximately $18,525 in reliable annual income. It features predominantly...read more
Features
- Taxes: $5,492
Gallery
Listed By
Agency Name: Midwest Home and Farm Realty
Agency Phone: 507-923-7657
Shown By
Agency Title: Town & Country Realty - Commercial Division
Agency Phone: 701-239-2250
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