50.16 Acres in Alexandria, MN - $525,000
This primarily tillable acreage property has approximately 920 feet of lakeshore on beautiful Lake Andrew. The property is located within the city limits of Alexandria and provides unique development potential and lakeshore amenities. Current zoning for the property is RR-1, single family residential, but multiple uses are outlined in the approved comprehensive plan which, at the time of development, would be adjusted accordingly. The ALASD sanitary sewer line is close by and with the sellers owning the adjacent property, the possibility exists to negotiate a utility easement for access. The tillable acreage on the property totals approximately 44.51 acres that have an average soil CPI rating of just over 91. This coupled with the presence of an extensive drain tile system on the tillable acreage allows for maximum yield production. The tillable acreage is currently rented out and provid...
This primarily tillable acreage property has approximately 920 feet of lakeshore on beautiful Lake Andrew. The property is located within the city limits of Alexandria and provides unique development potential and lakeshore amenities. Current zoning for the property is RR-1, single family residential, but multiple uses are outlined in the approved comprehensive plan which, at the time of development, would be adjusted accordingly. The ALASD sanitary sewer line is close by and with the sellers owning the adjacent property, the possibility exists to negotiate a utility easement for access. The tillable acreage on the property totals approximately 44.51 acres that have an average soil CPI rating of just over 91. This coupled with the presence of an extensive drain tile system on the tillable acreage allows for maximum yield production. The tillable acreage is currently rented out and provides immediate income. The current operators would be interested in continuing to rent the ground. The sellers have stated that they will entertain split option negotiations for this parcel and also that they would be willing to entertain Contract for Deed terms. Additional land available if you have bigger plans. So much more to say about this one-of-a-kind property, so just give me a call and we can discuss the opportunities that this great property provides!
Property Features:
- Great tillable acreage with HUGE development potential
- Approximately 920 feet of lakeshore
- Close proximity to the ALASD sanitary sewer line
- Comprehensive plan from the city already approved
- Great views of beautiful Lake Andrew
- High tillable acreage CPI ratings
- Tillable acreage has been tiled and has multiple tile inlets in place
- Contract for Deed terms possible!
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