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    2 224Th St Lake Crystal, MN 56055

    • Land
    • 82.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 224Th St

    Lot size
    82.92 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Exceptional 82.92-acre farmland in Blue Earth County, Minnesota, is available via auction closing January 8, 2025. Located in Butternut Valley and Judson Townships, this property boasts a remarkable Crop Productivity Index (CPI) of 95.4, thanks to its fertile Webster clay loam soils. Efficient tile drainage, leading into County Judicial Ditch 36, ensures optimal moisture management. Soil tests from 2022 are available for review, and planned fall tillage for 2024 will further enhance soil quality. This land has been under the same family's stewardship for over 120 years, a testament to its enduring value. Rental income potential is significant, with past agreements yielding $275 per acre, and rental opportunities will begin in 2025. The property is zoned for agriculture, with potential for future development (subject to county zoning regulations

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Crystal
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -94.244
    Latitude
    44.1884

    Comparable in this City

    • Value Estimation by Request
      20.69 Acres

      68 Tbd Tract 3 Hwy

      Land • 20.69 Acres
      68 Tbd Tract 3 Hwy, Lake Crystal, MN 56055
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    • Value Estimation by Request
      163.55 Acres

      1 224Th St

      Land • 163.55 Acres
      1 224Th St, Lake Crystal, MN 56055
      View Details
    • Value Estimation by Request
      10.97 Acres

      4 224Th St

      Land • 10.97 Acres
      4 224Th St, Lake Crystal, MN 56055
      View Details
    • Value Estimation by Request
      0.64 Acres

      Lake

      COMMERCIAL (GENERAL) • 0.64 Acres
      Lake, Crystal, MN 56055
      View Details
    • Value Estimation by Request
      72.17 Acres

      51918 State Hwy 60

      COMMERCIAL (GENERAL) • 72.17 Acres
      51918 State Hwy 60, Lake Crystal, MN 56055
      View Details
    • Value Estimation by Request
      0.22 Acres

      50688 State Hwy 68

      COMMERCIAL (GENERAL) • 0.22 Acres
      50688 State Hwy 68, Lake Crystal, MN 56055
      View Details
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    2 224Th St
    Lake Crystal, MN 56055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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