AUCTION ALREADY COMPLETED!
63.01 ACRES / OLMSTED COUNTY, MN Auction
Location: 11 N Madison Avenue, Eyota, MN
Live and Online at Ranchandfarmauctions.com
Auction Date: 10/25/2023 Auction Time: 1:00 PM
Auction Location: American Legion, 11 N Madison Avenue, Eyota, MN 55934
Entire Farm Description:
Discover an exceptional opportunity with this 63.01+/- acre farm located on the outskirts of Eyota. Boasting high-quality tillable land and an impressive average Crop Productivity Index (CPI) of 90, this property presents a rare chance for both seasoned farmers and astute investors.
Tillable Acres: With nearly 60 acres of fertile, tillable land, this property is a haven for agricultural enthusiasts. The high-quality soil is primed for productive farming endeavors.
Pattern Tiling: The property features a pattern tiling system, ensuring effective water management and enhancing the overall productivity of the land.
Easy Access: Convenient access is guaranteed via 110th Ave SE, simplifying transportation of equipment and crops.
Investment Potential: Positioned on the cusp of Eyota, this property is a smart long-term investment choice. It offers opportunities for portfolio diversification and capital appreciation over time.
Road Frontage: The northern boundary of the property enjoys a quarter-mile of frontage along Hwy 14, providing excellent visibility and accessibility.
Railroad Access: The southern border of the property abuts the main railroad line, a valuable asset for transporting agricultural products and goods.
City Limits Proximity: The eastern boundary of the property meets the City limits of Eyota, opening doors to potential future growth and development opportunities.
Long-Term Growth: With its strategic location and versatile features, this property holds great promise for long-term growth and development in various sectors.
1031 Exchange Potential: Ideal for those seeking to perform a 1031 exchange, this farm offers an attractive option for tax-deferred real estate transactions.
Don't miss out on this outstanding opportunity to acquire a farm with high-quality tillable land, investment potential and a strategic location on the edge of Eyota. Whether you're expanding your farming operation or seeking a savvy investment, this property is a promising choice. Contact us today to explore its full potential and secure your future in agriculture and real estate.
Tract #: 1
Deeded Acres: 63.01
Soil Types: Racine Loam, Clyde Silty clay loam, Kasson Silt loam
Soil PI/NCCPI/CSR2: 90 CPI
CRP Acres/payment: N/A
Lease Status: Open for 2024
Possession: Immediate possession subject to current tenant rights
Survey needed?: Just surveyed
Brief Legal: pt SW ¼ S10 T106N R12W Olmsted Co, MN
Lat/Lon: 43.9975 -92.2569
Zip Code: 55934
Questions about this auction? Phone 217.922.0811 or email our office at [email protected].