Turn-Key Highly Productive Row Crop Farm
Media
Summary
Property
- Type
- Farms, Ranches, Residential Land
- Road Frontage
- Township Road
- Road Surface
- Gravel
- Outbuildings
- Metal, Shop
Land Details
- Tillable
Approximate Distances
| 4.7 mi | to Stewartville |
| 11 mi | to Rochester |
| 13 mi | to Mayo Clinic |
| 88 mi | to St. Paul |
Utilities
| Electric: | Onsite |
| Propane: | Onsite |
| Water: | Onsite |
| Sewer: | Onsite |
Housing
Home
3BD / 1BA 1437± sqft Built in 1892
Features/Improvements
- Grain Storage
Description
You don't see row crop farms of this caliber hit the market very often; I highly suggest if you are in the market, you will want to see this one. The Schwanke's Farm has been well cared for by the property owner for over four decades, and ownership pride is shown everywhere you look. You will see the ditches mowed along the right-of-way. The lawn and trees in the farm yard are in great shape. The property boasts 145.8+/- tillable acres of highly productive soils with an average CPI rating of 91.8, and the land is pattern tiled. In the farm yard, you will find the 100+/-year-old three-bedroom, one bath home in excellent condition and move-in ready. The house has had numerous updates, such as the kitchen remodeled in 2012, new storm windows in 2015, and a new roof in 2009. new septic in 2008, new siding, windows, and insulation in 1998, and 2018 a new Kinetico water conditioning system was installed. Outbuildings: The farm offers spacious and well-crafted buildings for equipment storage or housing business equipment. All four Lester buildings are higher quality than standard buildings, with poured wall foundations. The sizes of the buildings are as follows: 112'x50' building with 14' sidewalls, 72'x48' building with 16' sidewalls, 48'x30' building with 16' sidewalls, 56'x40' finished and heated building with 14' sidewalls.
Additionally, there is a 56'x30' wooden machine shed on the property. Grain bins: The property includes two GSI grain bins. The first bin, built in 1998, has a capacity of 23,000 bushels and measures 36' in diameter.
The second bin, constructed in 2005, can hold up to 20,000 bushels and measures 33' in diameter. A concrete pad is also in front of the bins to place your augur for easy clean up. This would be a fantastic addition to any farming operation or someone looking to diversify their investments and purchase a high-quality farm in a great location only a few miles southwest of the Rochester International Airport and a quick drive to Mayo Clinic. This would also be an excellent option for anyone looking to complete a 1031 exchange. If you're interested in viewing the property, showings are available by request only, and buyers must provide proof of pre-approval or funds. The listing agent must be present during all showings. You can contact Bob to schedule a private showing.
Details
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145.8+/- acres tillable
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Average CPI of 91.8
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Pattern tiled
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Well cared for land
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Excellent addition to any farming operation
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Well-maintained farm house 3 bedroom and 1 bathroom
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56'x40'x14' heated shop/machine shed
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112'x50'x14' Lester built machine shed with partial concrete
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72'x48'x16 Lester built machine shed
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48'x30'x16' Lester built machine shed
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56'x30' machine shed
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36' 23,000 bushel grain bin
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33' 20,000 bushel grain bin
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Garden shed
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Great investment property and option for a 1031 exchange
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Seller is willing to split the land and home
Area Info
Other
Coordinates
43.8769, -92.5559
Annual Taxes
$5,660
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the Broker and Whitetail Properties Real Estate, LLC.
