$875,000
$1,000,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
xxxx County 12 Spring Valley, MN 55975
72.8 Acres Lot
Key Details
Sold Price $875,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6222908
Sold Date 09/09/22
Annual Tax Amount $2,824
Tax Year 2021
Contingent None
Lot Size 72.800 Acres
Acres 72.8
Property Description
This property consists of some of the best farmland you can find in the state of Minnesota. The property is 100 percent tillable except for the road ditch and has an average CPI of 96.7 which is extremely hard to beat. There is some tile in spots for good drainage. This will make a great addition to any farming operation or a solid farm for someone looking to complete a 1031 exchange into high-quality soil. This land is a solid investment option for anyone looking to diversify their portfolio of investments. This high-quality soil is hard to match. The property is available for farming in 2023 or current tenant is interested in continuing to rent.
Location
State MN
County Fillmore
Zoning Agriculture
Interior
Fireplace No
Exterior
Utilities Available None Connected, None Available
Schools
School District Kingsland
Others
Restrictions None
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