Solid Farmland Just North Of The Iowa Border
SOLD
County
FillmoreAcreage
160 ±SOLD
County
FillmoreAcreage
160 ±Address
State Highway 56, Lot#WP001
Le Roy, MN 55951
View on Google Maps
Description
This property is a promising opportunity for farmers looking to expand their operations or an investor looking to diversify their investment portfolio. The property includes 115 acres with an average CPI of 83.5 that is currently being farmed and an additional 26+ acres enrolled in the Conservation Reserve Program (CRP), which provides additional solid income and is enrolled until 9/30/3030.
The property's location is advantageous, as it is conveniently situated just half a mile from Chester, Iowa, and 10 miles from Spring Valley. The property can be accessed from north and south directions, making transportation and logistics efficient for farming operations.
This property would be an excellent option for anyone looking to complete a 1031 exchange. There is a current rental contract that runs until 2/28/2025.
The land has a gently rolling terrain which provides good drainage. Highway 56 runs along the south portion with two field approaches, and the north property line is a gravel township road with multiple field approaches.
Give Bob a call to schedule your private showing.
Sold Property
For more information or to see additional properties currently for sale see Bob Stalberger's listings.Property Listing
Type
Farms, Recreational Land, Timberland, Hunting Land
Road Frontage
State Highway, Township Road
Road Surface
Blacktop/Asphalt, Gravel
Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.