22989 Mn-22, Mankato, MN 56001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.