4 54Th St Eyota, MN 55904
- Land
- 62.50 lot acres
Current Use by Public Records
- Land
Property Details for 4 54Th St
- Lot size
- 62.50 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 62.5-acre agricultural property in Olmsted County, Minnesota, presents a unique investment opportunity. Located just nine miles from downtown Rochester and conveniently near I-90 and Highway 52, this parcel offers unparalleled accessibility. The land boasts 56.1 tillable acres with a productive Rockton loam soil type and a Crop Productivity Index (CPI) of 74, ensuring high yields. Currently generating $250 per acre in rental income for the 2025 and 2026 seasons, this property provides immediate return on investment. Past manure application has further enhanced soil fertility. The property's APN is 633614036267, and it's zoned for agriculture. This versatile land is ideal for farming operations (corn and bean crops are suitable), and its location offers potential for future residential development, subject to Olmsted County approvals. This is a sealed bid auction; all bids are due by November 22, 2024, at 5:00 PM. Detailed terms and conditions, including buyer's fees, are available in supplemental materials. Don't miss this chance to acquire a highly productive and strategically located agricultural asset. The address is TBD tract 4 54th Street SE, Marion, MN 55904.
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
- Eyota
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.3244
- Latitude
- 43.9435
