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    OFF-MARKET
    Land

    56 Tbd 200.8 Acres State Hwy, Le Roy, MN 55951

    200.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 200.8-acre property in Le Roy, Minnesota, presents a unique investment opportunity. Located conveniently near State Highway 56, the land boasts 150.58 acres of tillable farmland ideal for cultivation, complemented by 50.22 acres of wooded land offering recreational possibilities. The soil is known for its richness, promising abundant yields, and the area benefits from a favorable climate for agriculture. The property's agricultural zoning allows for various farming operations. Natural gas is available, enhancing operational efficiency. Its proximity to grain markets and two neighboring properties currently listed for sale (MLS numbers 6461664 and 6461754) provides additional investment potential. The average corn productivity index (CPI) is 68.7. This versatile property is suitable for farmers, investors, or anyone seeking a blend of agricultural productivity and recreational space. The property's APN is 090300012, and the zip code is 55951. This is a rare opportunity to acquire a substantial land holding in a desirable agricultural region. The asking price is $1,550,176.

    Property profile
    Verified
    Property type Land
    Lot 200.8 ac (8,746,848 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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