Top-tier farm available in Chippewa County. Located in Sparta Township, this outstanding 238 +/- acres presents a unique opportunity at owning land that provides 218 +/- acres of highly productive tillable ground that has a crop productivity index (CPI) rating of 93.9. Drain tiling is present throughout most of the land, enhancing the level of productivity and potential rate of return. Also included is a home consisting of 4 bedrooms, 2 bathrooms, 2 deck entries, and plenty of built-in cabinetry plus multiple outbuildings, and grain bin storage. This property represents a great opportunity for someone looking for solid returns and future appreciation. If you are looking to invest in land or reinvest as part of a 10-31 tax exchange, look no further!
*Yearly rent income of approximately $38,000, current rent contract expires harvest of 2030
*Drain tiling throughout majority of cropland
*Long history of high yielding crops
*Only 3 miles to nearest grain elevator
*5 miles from Montevideo
Property Information
Status: Active
Sub Type: ********
List Price: $2,856,000
MLS#: 7034684
Current Price: $2,856,000
Address: 2075 80th Street SW, Montevideo, MN 56265