Marshall County, MN
579.84 Acres M/L

450th Street NW
Middle River, MN 56737
Listing #16545

Sold

$1,449,600

Property Info

Description

Peoples Company is pleased to offer 579.84 acres m/l of farmland in Marshall County, Minnesota. The farm is comprised of 568.57 FSA cropland acres that carry a Productivity Index of 66.6. Primary soils on the property include Percy loam and Strandquist loam. The historical farm operation has consisted of a wide array of crops including wheat, corn, flax, and soybeans. The farm is located along both sides of 450th Street NW in Section 1 and 2 of East Park Township.

This farm would be a great add-on to an existing farming operation or a rare opportunity for a land investor to own a high returning farm. Rarely do you see farms with nearly 4% returns come to the marketplace! The farm does have a 2023 crop lease in place with a local conventional farmer. Contact agent for details.

Legal Description

The NE 1/4 of the NW 1/4 of Section 12 and all of Section 1 EXCEPT the SW 1/4 of the SW 1/4 and EXCEPT Parcel 'A.'  Exact legal description to be taken from the Title Commitment.

Directions

From Greenbush, MN: Travel south on Highway 32 for 11 miles before turning right on 450th Street NE. Travel 4 miles and the farm will be situated on the northwest corner of 450th Street NE and Center Avenue N.

  • Parcel Number: 12-0001-000, 12-0057-000
  • General Area: South of Greenbush, MN
  • Net Taxes: $3,428.00
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash/Conventional

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Photos

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