Property profile

2 224Th St Lake Crystal, MN 56055

OFF-MARKET
Land
82.92 ac lot
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Land
Lot 82.92 ac (3,611,995 SF)

Cap rate & NOI

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

Location

2 224Th St Lake Crystal, MN 56055
Lake Crystal metro
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Value estimations

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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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