• Main Photo

Tbd 31st Avenue Nw
Oronoco, MN 55960

$3,846,010

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Listing Details

  • $3,846,010
  • MLS# 7083677
  • Type Land - Farm
  • Status Active
  • 81.830 acres
    Lot Size
  • Rochester
    Local Schools

Listed By

Agency Name: Midwest Home and Farm Realty
Agency Phone: 507-923-7657

Shown By

Agent Name: Jeremy Fischer
Agent Phone: (701) 239-2230
Agency Title: Town & Country Realty

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Home Value Estimate


Description

TBD 31st Avenue NW offers a versatile agricultural investment with exceptional long-term commercial and industrial development potential along the high-traffic Hwy 52 corridor in Oronoco Township, Olmsted County, Minnesota. This 81.83-acre parcel (74.10 tillable acres) delivers immediate cash-flow from productive farmland while positioned in one of Southeast Minnesota's strongest growth corridors, minutes from Rochester and the Mayo Clinic's multi-billion-dollar expansion.Currently leased to a long-term tenant of 35 years at $250 per tillable acre, the property generates approximately $18,525 in reliable annual income. It features predominantly...read more

Features

  • Taxes: $5,492

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