Property profile

0 90Th Ave Eyota, MN 55934

OFF-MARKET
Land
58.02 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents 58.02 deeded acres of prime agricultural land in Olmsted County, Minnesota, conveniently located just 11 miles south of Rochester, directly off Highway 52. 54.02 acres are tillable, boasting a Corn Productivity Index (CPI) of 57.5, indicating high-yield potential. Currently generating a rental income of $300 per acre, this property offers a strong return on investment. The land is zoned for agriculture and presents a variety of uses, from leasing to local farmers to self-management of crops. This parcel is part of a larger auction, with Tract 2 being offered separately. The asking price is $1, with a price per acre of $300. The property's APN is 520521088017. All bids are due by November 22, 2024. Detailed terms and conditions, including buyer's fees, are available in supplemental materials. This is an ideal investment for expanding farming operations or securing a reliable income stream from agricultural land. The property's address is 90th Ave SE, Eyota, MN 55934.

Property profile

Verified
Property type Land
Lot 58.02 ac (2,527,351 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

90Th Ave Eyota, MN 55934
Eyota metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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