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TBD 75th St, Elgin, MN 55932

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For Sale

$2,999,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Farm/Ranch
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

These farms represent a combined 228.9± acres and are being sold as 2 separate tracts. They come with an impressive CPI average of 95 on 214.8± tillable acres. Both tracts are tiled where needed, are highly productive, and have great access. This is very sought-after land in Wabasha County that does not come on the market often, so don't miss your chance to own these A+ farms for your portfolio. These properties would make for great 1031 exchanges or for anyone looking for the stability of land as an investment or to expand operations of an existing operator. As an added benefit, each parcel is considered buildable from the County (buyer encouraged to independently verify). Tract 1 Description: The West parcel is 75± acres and is comprised of 68.2± tillable acres with an impressive 94.4 CPI. Land in this part of the state is highly sought after and seldom comes available with such quality and placement. Don't miss the chance to own one or both of these highly desirable parcels for your portfolio or operations. Tract 2 Description: The East parcel is 153.9± acres and is comprised of 146.6± tillable acres with an impressive 95.3 CPI. Land in this part of the state is highly sought after and seldom comes available with such quality and placement. Don't miss the chance to own one or both of these highly desirable parcels for your portfolio or operations. Property Address: TBD 75th Street & 315th Ave, Elgin, MN 55932 - in Sections 31 & 32, respectively, of Elgin Township Property Features: -Very Strong CPI's -Easy access -Tiling where deemed necessary -Close proximity to local grain markets -Commands strong rents
MLS# 11563782

Courtesy Of High Point Realty & Auction

(507) 218-1243

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Directions to TBD 75th St, Elgin, MN 55932

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† Based on a 30-year fixed rate of 3.38% 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.

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