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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.

Details:

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

Taxes: $2902

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

PIDs: 62.10.32.084698

Lat/Lon: 43.9975 -92.2569

Zip Code: 55934