94.4 Acres in Winsted, MN - $600,000
Located on the fringe of the Twin Cities west metro area and only minutes south of downtown Winsted, this property provides some sizeable tillable acreage with reasonable rental rates and the potential for development and/or future investment return. The property has approximately 80 acres currently being tilled and some additional area of meadow and woods that if tilled, would bump this up to around 85 acres. The tillable ground is highly productive with a CPI average rating at over 92. There is some existing drain tile in place, and with the current ditches on the property, there are sufficient outlet locations for potential future drainage projects. The property has a very competitive cropland rental rate in place which will yield over $20,000 in income. The property is within the city limits with single-family residential district uses slated so there is the potential for future...
Located on the fringe of the Twin Cities west metro area and only minutes south of downtown Winsted, this property provides some sizeable tillable acreage with reasonable rental rates and the potential for development and/or future investment return. The property has approximately 80 acres currently being tilled and some additional area of meadow and woods that if tilled, would bump this up to around 85 acres. The tillable ground is highly productive with a CPI average rating at over 92. There is some existing drain tile in place, and with the current ditches on the property, there are sufficient outlet locations for potential future drainage projects. The property has a very competitive cropland rental rate in place which will yield over $20,000 in income. The property is within the city limits with single-family residential district uses slated so there is the potential for future development or investment return. So, if you’re looking for a highly productive piece of cropland with the potential for future investment return or even a good 1031 exchange property, give me a call, and I’d love to discuss this property in further detail!
Property Features:
- Highly productive tillable ground
- Crop productivity index averages over 92
- Existing drain tile system
- Very competitive cropland rental rate
- Potential for future development/investment return
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More by Greg Graczyk
