For Sale
$774,960

Township New Hvn Rochester, MN 55901

32 Acres, Prime Rochester Location, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional 32.29-acre commercial and farmland tract in Olmsted County, Minnesota, is now available for $774,960. This property boasts a desirable location near Rochester, MN, and offers significant development potential. The land is entirely tillable, with a high corn productivity index (CPI) of 70.4, making it ideal for agricultural use and potentially generating strong rental income. Its proximity to Highway 52 ("the golden corridor") ensures excellent accessibility, while the nearby Mayo Clinic presents unique advantages for potential commercial ventures. Additional amenities include proximity to the Douglas Trail, the Zumbro River, and the Pine Island Golf Course. The property is conveniently located just outside Pine Island, MN, and minutes from Rochester. Real estate taxes are $4,044 annually. The land is priced at $24,000 per acre, reflecting its prime location and diverse development possibilities. This presents a compelling investment opportunity for those seeking a versatile property with strong potential for future growth and returns. The address is in New Haven Township, Rochester, MN 55901.

Highlights

  • 32.29 deeded acres of tillable farmland.
  • 70.4 Corn Productivity Index (CPI).
  • Development potential.
  • Proximity to the Douglas Trail.
  • Zumbro River access.
  • Convenient location near Pine Island, MN.

Property Details for Township New Hvn

Property type
Land, Farms
Lot Size (sq. ft)
1,406,552 SF

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0780552
Longitude
-92.5098914

FAQs

What type of property is this?
Land - 32 Acres, Prime Rochester Location, Investment Opportunity
Where is the land located?
The property is located at Township New Hvn Rochester, MN.
What is the asking price?
The asking price for this property is $774,960.
What are key features of this property?
This property features: 32.29 deeded acres of tillable farmland.; 70.4 Corn Productivity Index (CPI).; Development potential.
How can I contact the broker?
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Township New Hvn
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