Township New Hvn Rochester, MN 55901
- Land
- 62.47 lot acres
Current Use by Public Records
- Land
Property Details for Township New Hvn
- Lot size
- 62.47 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 62.47-acre parcel in Olmsted County, Minnesota's New Haven Township presents a compelling investment opportunity. Located near Highway 52 and Rochester, this all-tillable land boasts two large access points, offering convenient access. Its prime location provides immense potential for agricultural pursuits, with excellent rental rates and proximity to the Douglas Trail and Zumbro River. The property's development potential is further enhanced by its close proximity to Rochester, the Mayo Clinic, and the Pine Island golf course. The convenient location offers easy access to Rochester and Minneapolis/St. Paul airports. The property features a CPI of 62.4 and has a current real estate tax assessment of $3,422. With its strategic location and versatile nature, this land is ideal for investors seeking a high-return agricultural investment or future development possibilities. The asking price is $1,499,280, representing a price per acre of $24,000. This represents a significant opportunity in a desirable location with excellent access and amenities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.5099
- Latitude
- 44.0781
