13 Of Red Rock Twp, Austin, MN 55912
Exceptional investment opportunity awaits with this meticulously maintained 79 +/- deeded acres in Mower County, Minnesota. This property boasts 67.1 +/- highly productive tillable acres and 8.2 +/- acres enrolled in the Conservation Reserve Program (CRP) with a contract extending through 2030, generating an annual payment of $401.72 per acre to the new owner. The land exhibits an exceptionally high Corn Productivity Index (CPI) of 96.2, indicating significant yield potential. Its efficient layout and convenient location near multiple grain outlets make it ideal for both established and aspiring farmers. The property offers ample access for equipment and is situated in a strong cash rent area, providing additional income potential. This is a perfectly sized offering for those seeking to expand existing operations, start a new farm, or diversify their investment portfolio. Real estate taxes are $4,372 annually. The property is located in Section 13 of Red Rock Township, Austin, MN 55912 (43.6372455, -92.9775558). Online bidding opens October 30, 2024.
Cap rate
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Property description
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