Property profile

0 Tbd County Rd 3 Hayfield, MN 55940

OFF-MARKET
Land
64.07 ac lot
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Property summary

AI-generated overview

This exceptional 64.07-acre commercial property in Hayfield, Minnesota, presents a unique investment opportunity. Located on County Road 3 SW, just west of the Rochester, Minnesota airport, this parcel is zoned for Agriculture and Lot use. The property's APN is 551744063860. Currently utilized as tillable farmland, it boasts a high-quality soil rating (CPI of 87.9), making it ideal for a variety of agricultural or development purposes. The land features a mix of tillable acreage and a wooded area, offering potential for a secluded homesite. Existing infrastructure includes drain tile and convenient access from a paved road. The property is currently leased for agricultural use at $265 per acre for one year. With its strategic location, high-quality soil, and diverse potential uses, this property is poised for significant return. The asking price is $768,840. This is a rare opportunity to acquire a substantial parcel of land in a desirable location with excellent potential for future development or continued agricultural use. The property's blend of tillable land and wooded areas provides flexibility for a variety of uses. Don't miss this chance to own a piece of Olmsted County's prime real estate.

Property profile

Verified
Property type Land
Lot 64.07 ac (2,790,889 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd County Rd 3 Hayfield, MN 55940
Hayfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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