Auction Information
Online Bidding Site#2684 LDJ Farms LLC Auction - Virtual Live & Online
LandProz is pleased to present the LDJ Farms LLC in Mower County, MN. This tillable land will be offered to the public to bid their price via LandProz AuctionCast on LandProz website. Online bidding will open October 30, 2024.
This meticulously maintained property boasts 79 +/- deeded acres, featuring an impressive 67.1 +/- tillable acres, and 8.2 +/- CRP acres. With an exceptionally high CPI of 96.2, this farm has an extreme amount of potential for farmers and investors alike.
Situated in a great location, this land is easily accessible and strategically positioned near multiple grain outlets, ensuring convenience for your operation. With its efficient farm layout, this property offers a great opportunity for those looking to start up their own farm without overwhelming scale. Expand your current operations or invest in a secondary income source with this acreage by enhancing your po...
Situated in a great location, this land is easily accessible and strategically positioned near multiple grain outlets, ensuring convenience for your operation. With its efficient farm layout, this property offers a great opportunity for those looking to start up their own farm without overwhelming scale. Expand your current operations or invest in a secondary income source with this acreage by enhancing your portfolio in a strong cash rent area.
The property's location and high-quality tillable land make it an excellent investment opportunity, with significant potential for rental income and long-term value appreciation. This farm has large access to the land, allowing for easy navigation and transportation of equipment, crops, and supplies. Whether you're looking to start farming, expand your farming portfolio, or make a smart investment, the potential here is limitless.
PROPERTY FEATURES
79 +/- Deeded Acres
67.1 +/- Tillable Acres
CPI of 96.2
8.2 +/- CRP Acres [contract runs through 2030, new owner to receive $401.72/acre, annually]
Highly productive soils
Perfectly sized offering in great location
Great size farm for new farmers & existing operations or investors alike
Large access for equipment
Efficient farm layout for operations
Near many grain outlets
Strong cash rent area with many qualified operators
Meticulously maintained by existing operators
Real Estate taxes $4,372
TERMS
$50,000 [non-refundable] of earnest money due the day of the auction. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. Buyers will need to provide a letter of credit or proof of funds prior to bidding. Closing will be on or before December 18, 2024. There will be no financing contingencies. Buyers to do their own due diligence prior to bidding. Check with auction manager for more information. Possession will be at closing, free of any tenant rights. Open for 2025. There will be a 2% Buyer's Premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.
OWNER
LDJ Farms LLC
AUCTION LOCATION
LandProz Website
or
In-Person at AuctionCast Studios:
1800 Roscoe Avenue, Zumbrota MN
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