232.5+/- Acres Freeborn County, MN

$2,299,000
Under Contract

Property Details

ID: 61883
Status: Under Contract
Price: $2,299,000
Acres: 232.5±
Price Per Acre: $9,888
Type: Farms, Hunting Land
Address: TBD 180th St
City, State: Albert Lea, Minnesota
County: Freeborn
ZIP Code: 56007
Presented By: Troy Stafford

Description

High Point Land Company is proud to represent the Merlin Flugum farm of 232.5+/- beautiful row crop acres being sold as 1 tract with an impressive CPI average of 87.4 on 213.7+/- tillable acres. This is very sought-after land in Southern Minnesota that does not come on the market often, so don’t miss your chance to own this productive farm for your portfolio. Land in this area seldom comes available yet with such quality and placement.

In addition to this quality row crop land, there is approximately 11.6+/- acres of prime hunting land with excellent tree coverage and a well-groomed trail of 2400′ off a paved road offering seclusion and privacy  to score your very own big trophy deer. This driveway also makes for great access to the row crop land allowing for great access for planting and harvesting vehicles.

This mixed use property would be great for 1031 exchanges or for anyone looking for the stability of land as an investment or to expand operations of an existing operator.

Property Address: TBD 180th St, Albert Lea, MN 56007

Property Features:

  • Very strong CPI
  • 50+ year tenant willing to continue if desired
  • Tiling where deemed necessary
  • Great hunting with excellent tree coverage
  • Convenient access off a newly paved road

Driving Directions: From Albert Lea go south on Highway 69 for 2.3 miles then turn right (west) on 180th st and go 0.7 miles. The farm will be on the left (south) side, behind and east of the acreage.

Additional Information

recreation

  • Hunting
Troy Stafford
Troy Stafford
Land Specialist
Licensed in MN
(507) 259-3047

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