Current Use by Public Records
- Land
Property Details for 0 4Th Ave
- Lot size
- 85.08 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional investment opportunity: 85.08 acres of highly productive farmland in Fairfax, Minnesota (Renville County, zip code 55332). This income-producing property boasts a 90.1 CPI and is conveniently located on 4th Ave NW. Currently, 84.10 acres are leased for the 2024 crop year, with the lease expiring December 31, 2024. The land is zoned for agricultural use and features a mostly rectangular shape with mostly to very gently rolling topography, ensuring ease of management. Excellent drainage is provided by random tile drainage, a 12-inch county tile running from the mid-north line to the southeast part of the county ditch, and a 24-inch tile at the southeast point of the county ditch running south and southeast. A county ditch forms the majority of the western and three-quarters of the southern boundaries. Detailed drainage maps are available for review. The asking price is $1,021,000. Property consists of two parcels: APN 31-00170-00 and 31-00115-00. This represents a unique chance to acquire a well-maintained and productive agricultural asset. Further information and detailed maps are available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairfax
- County
- Renville
- State
- Minnesota
- Longitude
- -94.7305
- Latitude
- 44.5342
