Township New Hvn, Rochester, MN 55901
Exceptional 32.29-acre commercial and farmland tract in Olmsted County, Minnesota, is now available for $774,960. This property boasts a desirable location near Rochester, MN, and offers significant development potential. The land is entirely tillable, with a high corn productivity index (CPI) of 70.4, making it ideal for agricultural use and potentially generating strong rental income. Its proximity to Highway 52 ("the golden corridor") ensures excellent accessibility, while the nearby Mayo Clinic presents unique advantages for potential commercial ventures. Additional amenities include proximity to the Douglas Trail, the Zumbro River, and the Pine Island Golf Course. The property is conveniently located just outside Pine Island, MN, and minutes from Rochester. Real estate taxes are $4,044 annually. The land is priced at $24,000 per acre, reflecting its prime location and diverse development possibilities. This presents a compelling investment opportunity for those seeking a versatile property with strong potential for future growth and returns. The address is in New Haven Township, Rochester, MN 55901.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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