TBD State Hwy 44, Mabel, MN 55954 (MLS# 5321988)

TBD State Hwy 44
Mabel, MN 55954
MLS# 5321988

TBD State Hwy 44, Mabel, MN 55954
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TBD State Hwy 44, Mabel, MN 55954 TBD State Hwy 44, Mabel, MN 55954 TBD State Hwy 44, Mabel, MN 55954 TBD State Hwy 44, Mabel, MN 55954 TBD State Hwy 44, Mabel, MN 55954 TBD State Hwy 44, Mabel, MN 55954 TBD State Hwy 44, Mabel, MN 55954

Property Description
Located in Fillmore County, MN this 19+/- acres (17+\- tillable) is a high quality tract with great income. The property lays on the north side of Hwy 44 in Mabel, MN and has a nice southern/road exposure tilt with commercial use property on both sides. The soils on the farm average an impressive 89.2 overall with nearly 80% of the registered crop acres being Tama Down, Racine and Ostrander silt loams with a Crop Productivity Index of 93-94. The current land rent contract is $250/ acre annually. If you or someone you know is looking for a beginning farmer purchase, smaller 1031 exchange, or a property with potential commercial use in the future this may be the one you have been looking for. Property Features: High CPI $250/ac rent Rectangular tract Good highway exposure Southern sun

Current Price: $129,900
Contract Information
List Price: $129,900
List Date: 2019-10-14
Owner is Agent: No
Association Fee: No
General Property Information
Approx Nbr of Acres: 18.91
Waterfront: No
Location, Tax and Other Information
House Number: TBD
Street: State Hwy 44
Postal City: Mabel
County: Fillmore
State/Province: MN
Zip Code: 55954
Parcel Number: R010231020
Township #: 101
Section #: 27
Range #: 8
School District: Mabel-Canton #238
Tax Year: 2018
Tax Amount: 584
Directions & Remarks
Directions: Located on the north side of Hwy 44, in the north west corner of Mable, MN
Status Change Info
Status: Active
Contingency: None
Hobby Farm
Aprx Tillable Acres: 17
New Development
Restrict to Builder: Open
Property Features
Development Status: Raw Land
Land Improvements: None
Topography: Level
exposure Commercial neighbors

Listing Office: High Point Realty & Auction Company

Last Updated: October - 18 - 2019

All the listing data contained in this site is the copyrighted and confidential material of the Southeast Minnesota Association of REALTORS MLS. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Site contains live data. Data is deemed reliable but not guaranteed.

Tuesday 12th of November 2019 02:30 PM