4 224Th St Lake Crystal, MN 56055
- Land
- 10.97 lot acres
Current Use by Public Records
- Land
Property Details for 4 224Th St
- Lot size
- 10.97 lot acres
- Property type
- Land
Description
This exceptional 10.97-acre agricultural property in Judson Township, Blue Earth County, Minnesota (APN: R380706100009), presents a unique investment opportunity. Located at TBD Tract 4 224th St, Lake Crystal, MN 56055 (44.1883919, -94.2439819), this land boasts a remarkable Crop Productivity Index (CPI) of 91.1, indicating superior soil quality. Primarily Clarion loam soils ensure high fertility and productivity. The property has been under the same family's ownership for over 120 years, a testament to its enduring value. Soil tests from 2022 are available for review, and planned fall tillage for 2024 will further enhance soil conditions. Rental income potential is significant, with past agreements yielding $275 per acre, and the land will be available for rent starting in 2025. While there's potential for future development (subject to county zoning regulations – interested parties should review the county zoning email for details), the property is currently zoned for agriculture. This property is being sold "as-is" with no contingencies. The auction concludes January 8, 2025, around 10 AM via Auction Cast online, with closing on or before February 14, 2025. This represents a rare chance to acquire a piece of Minnesota farmland with a rich history and strong potential for future returns.
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
- Lake Crystal
- County
- Blue Earth
- State
- Minnesota
- Longitude
- -94.244
- Latitude
- 44.1884