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$ 870,000
Est. payment | /mo
162.75 Acres Lot
$ 870,000
Est. payment | /mo
162.75 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6575201
Annual Tax Amount $450
Tax Year 2023
Contingent None
Lot Size 162.750 Acres
Acres 162.75
Property Description
Attention savvy investors! This exceptional property presents a prime investment opportunity with 148.6 acres enrolled in the RIM (Reinvest in Minnesota) program, generating substantial annual payments of $48,864 to the owner through September 2035. This represents a strong return on investment, making it a lucrative choice for those seeking stable income. Located in a highly desirable area, this property also features a rare find—a buildable site situated on the northeast corner. Such opportunities are hard to come by in this area, adding value to the investment. Beyond its financial benefits, this property boasts excellent upland game and deer hunting prospects. Surrounded by agricultural land and bordered by some timber to the West, it serves as a natural haven for wildlife, with deer frequently traversing the landscape. A drainage ditch running through the property provides essential water sources, enhancing its appeal for hunting enthusiasts. Whether you're considering a 1031 exchange or aiming to diversify your investment portfolio, this property offers compelling advantages. Additional land is available, allowing for further customization and expansion of your investment strategy. Don't let this opportunity pass you by. Contact Bob today to arrange your exclusive private showing and secure your stake in this exceptional investment property.
Location
State MN
County Dodge
Zoning Agriculture
Interior
Inclusions None
Fireplace No
Exterior
Utilities Available None Connected, None Available
Schools
School District Triton
Others
Restrictions None
Listed by Robert Stalberger • Whitetail Properties Real