Highly Productive Tillable, Development And Investment Acreage Near Twin Cities

Description

Located on the fringe of the Twin Cities west metro area and only minutes south of downtown Winsted, this property provides some sizeable tillable acreage with good rental rates and the potential for development and/or future investment return.  The property has approximately 80 acres currently being tilled and some additional area of meadow and woods that if tilled, would bump this up to around 85 acres.  The tillable ground is highly productive with a CPI average rating at over 92 with soybeans planted for the 2016 season.  There is some existing drain tile in place and with the existing ditches on the property, there are very sufficient outlet locations for potential future drainage projects.  The property has a very competitive cropland rental rate in place which will yield over $24,000 in income for 2016.  The property is within the city limits with single family residential district uses slated so there is the potential for future development or investment return.  So, if you’re looking for a highly productive piece of cropland with the potential for future investment return or even a good 1031 exchange property , give me a call and I’d love to discuss this property in further detail!

Property Details

  • Highly productive tillable ground
  • Crop productivity index averages over 92
  • Existing drain tile system
  • Very competitive cropland rental rate
  • Potential for future development/investment return

County Road 9
Winsted, Minnesota 55395