Large Parcel With A Ton Of Future Potential

Description

This property sits just south of the Cannon Falls city limits and right along Us Hwy 52. The state of MN is in the process of purchasing 5.7 acres of land to create a new road that comes from the north where the current access into the property is and heading it to the SE to connect it to County 14 Blvd. The state plans to eliminate the current access from County 14 Blvd to US HWY 52. This will direct all traffic on this new road. The current owner is working on plans to rezone the property with B2 zoning and mixed-use zoning. We believe the property will be highly desirable for commercial development along US Highway 52 and mixed-use development on the Western portion of the property. While waiting and working on the land-use change, this property offers some excellent hunting opportunities if you are looking for a place to hunt deer, turkey, and more. The current CRP income more than pays the current per year property taxes. This property would make an excellent choice for someone looking to do a 1031 exchange and looking for a ton of potential growth value. Properties like these do not come along often. Give Mitch or Bob a call to schedule your own private showing.

Property Details

  • 40.81 acres CRP until 2027
  • 38.2 acres that qualify as tillable
  • Potential for future mixed use and commercial development
  • Rolling terrain
  • Excellent deer and turkey hunting
  • Just outside of Cannon Falls City limits
  • Excellent location between Rochester and the Twin Cities
  • Great option for 1031 exchange

Hwy 52, Lot#WP001
Cannon Falls, Minnesota 55009