$1,300,000
$1,300,000
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TBD 80th AVE NE Clara City, MN 56222
120 Acres Lot
Key Details
Sold Price $1,300,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6640304
Sold Date 02/04/25
Annual Tax Amount $6,561
Tax Year 2024
Contingent None
Lot Size 120.000 Acres
Lot Dimensions Irregular
Property Description
120 +/- acres of highly productive tillable land being offered in Chippewa County! Approximately 114 +/- acres are tillable with a Crop Production Index rating of 71.4. Much of this property is gently rolling, has a straight layout and also maintains a good amount of drain tiling throughout. This would be an excellent property for someone looking to add to their existing farming operation for the 2025 growing season as the current rent contract expires February 28th, 2025. If you are looking to develop your farming operation, invest back into land as part of a 10-31 tax exchange, or are simply in the market for farmland as a long-term investment, look no further!
*Yearly rent income of $43,083, current rent contract expires February 28th, 2025
*Available to be farmed for the 2025 growing season
*Great addition to any farming operation
*Exceptional option to complete a 10-31 tax exchange
*7 miles to nearest grain elevator
*10 miles from Clara City
*20 miles from Willmar and Montevideo
Location
State MN
County Chippewa
Zoning Agriculture
Interior
Fireplace No
Exterior
Fence None
Utilities Available Electricity Available, None Connected
Building
Lot Description Tillable
Schools
School District M.A.C.C.R.A.Y.
Others
Restrictions Open
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