90300 290th St, Austin, MN 55912 - Freeborn County

Introducing an exceptional opportunity to acquire 72.04 +/- deeded acres of prime real estate, perfectly suited for agricultural investment or expansion of your existing portfolio. This property features 55.52 +/- tillable acres with a CPI of 86.7, that highlights its fertile potential. The land is predominantly composed of Blooming Silt Loam and Glencoe Clay Loam soils, renowned for their agricultural productivity.

Additionally, the property includes 14.10 +/- acres enrolled in the Conservation Reserve Program [CRP], generating an annual payment of $2,679, with the current CRP contract set to expire on September 30, 2034.

Conveniently located along a blacktop road, this property lies within a strong cash rent area, making it an attractive investment for those looking to maximize returns through leasing opportunities. This versatile piece of land promises both immediate income and long-term value!

Please contact LandProz Broker Brian Haugen at 507-208-0791 or LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information regarding this property.

PROPERTY FEATURES

72.04 +/- Deeded Acres

55.52 +/- Tillable Acres

CPI of 86.7

14.10 +/- CRP Acres

Annual CRP Payment of $2,679 [expires 9/30/2034]

Prominent Soil types: Blooming Silt Loam & Glencoe Clay Loam

Lies along a blacktop road with great access

Strong cash rent area with many qualified operators

Great farm to add to an existing nearby operation

Real Estate taxes $5,274