3 90Th AveEyota, MN 55934

For Sale
Call for price

88 Acres, High-Yield Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This sealed-bid auction presents an exceptional opportunity to acquire 88.14 deeded acres of prime agricultural land in Olmsted County, Minnesota. Located just 11 miles south of Rochester, conveniently off Highway 52, this property offers 79.94 acres suitable for tillable farming, boasting a Corn Productivity Index (CPI) of 55.6. Currently generating a rental income of $300 per acre, this land presents a strong return on investment. The property's location provides easy access to Chatfield, MN, and its zoning permits agricultural use. With potential for a home building site (subject to local approvals), this versatile parcel is ideal for expanding farming operations, leasing to local farmers, or managing crops independently. All bids are due by November 22, 2024, at 5:00 PM. Detailed terms and conditions, including buyer's fees, are available in supplemental materials. The APN is 520523088018. This is tract 3 of 5 available in this auction.

Highlights

  • 88.14 deeded acres of prime agricultural land in Olmsted County, MN.
  • 79.94 tillable acres with a Corn Productivity Index (CPI) of 55.6.
  • Currently generates $300/acre in rental income.
  • Located 11 miles south of Rochester, MN, off Highway 52, near Chatfield, MN.
  • Zoned for agricultural use; potential for a homesite (subject to approval).
  • Sealed-bid auction; bids due November 22, 2024, at 5:00 PM.

Property Details for 3 90Th Ave

Property type
Other land, Other farms
Lot Size (sq. ft)
3,839,378 SF

Location Insight

City
Eyota
County
Olmsted
State
Minnesota
Latitude
43.9567638
Longitude
-92.2990262
3 90Th Ave, Eyota, Minnesota

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3 90Th Ave
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