Look no further if you are on the search for a solid investment opportunity. This farm is located just minutes from downtown Rochester and Mayo Clinic. It is right in the path of future Rochester development and just outside city limits, less than 2 miles to Century High School on a hard surfaced county road. It is currently under Haverhill Township zoning which would allow you build up 2 two homes on the property currently, however the property sits in the direction of future development making it prime for a solid long-term investment with 69.1+/- tillable acres that is available for farming in 2024. This would be a solid addition to any farming operation or anyone looking to do a 1031 exchange. Land is a great hedge against inflation and this property has a ton of upside potential. Come build your dream house or hold and watch your investment grow. If the property is purchased as a split from the entire farm the county will require the field road on the curve to be relocated along the north side of the property for better sight lines, this will be the buyer’s expense to take care of.

Details: Tract #: 2Deeded acres: 72FSA Farmland Acres: 69.1Soil Types: Rockton loam, Channahon loam, Shullsburg silt loamSoil PI/NCCPI/CSR2: 51.7 CPICRP Acres/payment:naTaxes: TBDLease Status: Ends 2023Possession: Immediate possession Survey needed?: yesBrief Legal: 72+/- acres Pt NE ¼ SW ¼ and NW ¼ SE ¼ S21 T107N R13W PIDs: Part of 73.21.31.033501Lat/Lon: 44.0563 -92.3906Zip Code:55906

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- The property is in the Rochester Urban Service Area

- 69.1+/- tillable acres

- 51.7 CPI

- Solid addition to any farming operation

- Buildable for up to 2 homes currently

- In the path of future development

- Great investment opportunity

- Excellent option for 1031 exchange

- Minutes to Mayo Clinic

- If Sold on its own the field approach on the curve will need to be relocated along the north line per county to allow property split, cost to relocate will be buyer’s expense