$2,000,000
$2,299,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
TBD 180th St Albert Lea, MN 56007
Key Details
Sold Price $2,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11329527
Sold Date 01/31/25
Property Description
High Point Land Company is proud to represent the Merlin Flugum farm of 232.5+/- beautiful row crop acres being sold as 1 tract with an impressive CPI average of 87.4 on 213.7+/- tillable acres. This is very sought-after land in Southern Minnesota that does not come on the market often, so don't miss your chance to own this productive farm for your portfolio. Land in this area seldom comes available yet with such quality and placement. In addition to this quality row crop land, there is approximately 11.6+/- acres of prime hunting land with excellent tree coverage and a well-groomed trail of 2400' off a paved road offering seclusion and privacy to score your very own big trophy deer. This driveway also makes for great access to the row crop land allowing for great access for planting and harvesting vehicles. This mixed use property would be great for 1031 exchanges or for anyone looking for the stability of land as an investment or to expand operations of an existing operator. For more information contact Minnesota Land Specialist Troy Stafford. Property Address: TBD 180th St, Albert Lea, MN 56007 Property Features: -Very strong CPI -50+ year tenant willing to continue if desired -Tiling where deemed necessary -Great hunting with excellent tree coverage -Convenient access off a newly paved road
Location
State MN
County 27047
Rooms
Kitchen 0
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