AUCTION – Live and Online at Ranchandfarmauctions.com

                  Auction Date: 02/13/2023

                  Auction Time: 11:00 AM

                  Auction Location: Staybridge Suites, 2350 Commerce Dr NW, Rochester, MN 55901

Entire Farm Description:

Great Potential for future development less than 1 mile from Rochester City limits. This property is across the street from Leashes & Leads and Hwy 14.  The City, County and State have plans for this property to be part of the Hwy 14 and County 44 intersection project which will open a ton of potential development plans moving forward, see the link to the project plans on the listing page. The property currently has about 47.5 acres of high-quality tillable acres with an average CPI rating of 92.6.  The property has roads on 3 sides, 14^th St NW on the south side, County 44 on the East and 19^th St NW on the north side.  Rochester Westside Energy plant is directly East of the property. This would be a great option for anyone looking to do a 1031 exchange or diversify their investment portfolio with a property with lots of upside potential.

 Link to the MNDOT County Road 44 & Highway 14 Intersection Project: https://www.olmstedcounty.gov/post/csah-44-formerly-cr-104-and-th-14-intersection            

Deeded acres: 65+/-

Soil Types: Radford Silt lam. Port Byron silt loam, Garwin silty clay loam

Soil PI/NCCPI/CSR2: 92.6m CPI

Taxes: TBD

Lease Status: Open Tenancy for 2023 crop year

Possession: Immediate possession

Survey needed: Survey will be complete prior to closing

Brief Legal: E ½ SE ¼ S25 T107N R15W Olmsted, MN

PIDs: Part of parcel ID 752543086804

Lat/Lon: 44.0397, -92.5606

Zip Code:55920