Steele County
Solid Investment Property With Tillable Acreage
8199 89th Avenue SE, Lot#WP001 Claremont, MN 55329
Description
This farm has been in the family for a long time and is now available to purchase and add to your farming operation. 95.7 acres were just removed from CRP and are available for immediate farming. The northeast 59-60 acres was only in for a few years and is in the process of being cut and bailed. A buyer could easily spray and no-till beans in yet this year. The remaining tillable acres will most likely need a lite mowing and discing. This would allow you even to plant a fall or winter crop. The middle 20-22 acres of the farm offer an established driveway to an old building site which would make for a great new building site. If you are looking for just income-producing land, you could purchase this property and sell off the building site to your desire to minimize your total investment. This property would make for a solid addition to any farming operation, 1031 exchange, or addition to your investment portfolio. This is an excellent option for someone looking to start a hobby farm. Properties like this do not come on the market often. Give Bob a call to schedule your private showing.
Summary
Address
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Land and Farm Property Types
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Details
- 95.7 acres tillable
- Average CPI 72.9
- Great spot for a building site
- Could still plant yet this year
- Quick possession possible
- Deer hunting
- Solid investment option
- Great addition to any farming operation
- Excellent option for a 1031 exchange
- Hard surface road access
- Short commute to Owatonna or Rochester
Other
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Annual Taxes
Sold Property
For more information or to see additional properties currently for sale see Bob Stalberger's listings.