Description
This property, located in Owatonna, MN, spans approximately 29.68 acres, with 25.73 acres designated as tillable land. Positioned just 7 miles south of Owatonna and 1 mile west of County Road 45, its location offers convenience and accessibility.
Key features of the property include:
Tillable Acres: The property boasts 25.73 FSA certified cropland acres with an average Crop Productivity Index (CPI) of 95. Currently enrolled in the Conservation Reserve Program (CRP), these acres generate an annual income of $7,731.
Investment Potential: With its tillable acres and CRP income, this property presents a promising investment opportunity for various buyers' portfolios.
Timber Area: The remaining portion of the land comprises timber, providing diverse opportunities. Its strategic location offers potential for stand placements and the creation of food plots, making it an attractive habitat for Whitetails during the fall hunting season.
Future Farming Potential: Upon the expiration of the CRP contract, there is the possibility to convert the land back to farming, enhancing its potential for agricultural use.
For further inquiries or to arrange a private showing, interested parties can contact Minnesota Land Specialist Mitchell Kruger at 507-259-8541 or via email at mitchell@highpointlandcompany.com.
Property Address:
TBD SW 68th Street, Owatonna, MN
