This is a unique opportunity to own three quarters of a section of undeveloped land. This parcel totals 481.6 acres and is bordered on three sides by roads. The property is located 10 miles southwest of Virginia & 10 miles east of Hibbing. There is an approach access on the NW corner of the property that leads into a cleared area containing an older model mobile home and outhouse. This would make for an excellent start in establishing the home base for your deer camp or building site for your new home. There is an existing, transferable Sustainable Forest Incentive Act (SFIA) contract that is entering year 4 of a 10-year agreement with the DNR. The contract has generated on average $7000/year in revenue to the landowners. The property has two North-South trails that cut the parcel into thirds and there is an East-West trail that cuts the property in half. The property is heavily wooded and is about 25% Aspen, Birch and Ash and 75% Spruce, Balsam and Tamarack.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Vacant Land (10+ Acres) located at Keenan Road, Cherry, MN 55746 is currently for sale.
Keenan Road, Cherry is listed for $232,000.
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