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Active
$475,000
/mo Edit
Farm:  Other
56.07 acres
Lake City schools
MLS# 6592873
My rating:
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    Property Description

    Seize your opportunity to add this quality farmland to your operation. This property is located on a dead-end road just SW of Zumbro Falls and offers 50+/- acres tillable with an average CPI of 75.2 and is open for farming in 2025. If you are looking for an investment or to complete a 1031 exchange the current tenant would continue to rent as well. The land itself has a gentle roll to it and the timbered portions of the property offer some solid deer and turkey hunting opportunities. If you are a hunter this could be a blank canvas to design an amazing property, the area is known for high number of animals and can grow some quality deer.

    Listing

    Contingency: None
    City: Zumbro Falls
    County: Wabasha
    State: MN
    Property Style: Other
    Zip Code: 55991

    Exterior

    Fencing: Partial
    Road Frontage: Township

    Lot & Land

    Acres: 56.07
    Geolocation: 44.2570669964, -92.445227276
    Inclusions: None
    Lot Dimensions: 0
    Wooded Acres: 9
    Restrictions: None
    Zoning: Agriculture

    Farm

    Farm Type: Crop
    Crop Type: Beans
    Tillable Acres: 50
    Topography: Gently Rolling, Hilly, Rolling, Sloped, Wooded

    Schools

    School District: 813
    District Phone: 651-345-2198

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,072
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,072
    Association Fee Required: No

    Miscellaneous

    Development Status: Raw Land
    Improvements: None
    Available Utilities:
    • None Available
    • None Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Whitetail Properties Real.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.