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    OFF-MARKET
    Land

    22989 Mn-22, Mankato, MN 56001

    62.94 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 62.94-acre agricultural property presents a unique investment opportunity. Strategically located in Section 34 of Lime Township, Blue Earth County, Minnesota, this farm enjoys a highly desirable location just outside the Mankato city limits, providing convenient access to local amenities while maintaining a rural setting. The property boasts two convenient access points directly from State Highway 22, ensuring easy accessibility for farming operations and transportation of goods. The land itself is well-maintained and features a comprehensive tile drainage system, promoting optimal soil conditions and efficient water management. A drainage ditch along the northern boundary further enhances drainage capabilities. The property's size and location make it ideal for a variety of agricultural uses, offering significant potential for farming, livestock grazing, or other agricultural ventures. The zip code is 56001. The property's coordinates are latitude 44.2079273 and longitude -93.948068. The asking price for this exceptional property is $1,485,000.

    Property profile
    Verified
    Property type Land
    Lot 62.94 ac (2,741,666 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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