40 Acres in Alexandria, MN - $280,000
Located just southwest of the I-94 Alexandria exit and minutes from downtown Alexandria, this tillable tract not only provides immediate rental income but has HUGE development possibilities. The ALASD sanitary sewer line lift station is located less than 700' to the south of this property and adjacent to the right of way of Sunfish Drive SW. There are approximately 37.63 acres of tillable land that has a CPI rating of just over 90 that has an extensive tile drainage system in place to maximize 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 out. Additional acreage is available and the sellers would entertain possible Contract for Deed terms. Give me a call and I'd love to further discuss the opportunities that this great tillable tract has to offer!
Property Features:
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- Highly productive tillable acreage with HUGE developmental potential
- ALASD sanitary sewer line lift station accessible and less than 700' to the south of property
- Comprehensive plan from the city already approved
- 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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