The farmland is characterized by it's very high quality, boasting an outstanding CPI of 91.1, indicating strong agricultural production. The gently sloping topography of the land facilitates effective drainage and crop production. There is established drain tile system that connects to JD 7. Strategically positioned along a well-maintained blacktop road, this property offers convenient access for equipment and transportation, making it suitable for various agricultural operations. Furthermore, there are many qualified operators in the vicinity, presenting ample opportunities for collaboration or management.

This parcel represents an excellent investment opportunity for those looking to expand their agricultural portfolio or add to existing land holdings. With its prime location, high-quality tillable acreage, and the increasing demand for farmland, this property stands out as a valuable asset for investors or neighboring farmers seeking sustainable growth.

Many know land in this area of South Central Minnesota in Sibley County, just South of Gibbon, in the coveted Minnesota River Valley area, rarely comes up for sale! Dont miss your chance to secure this prime piece of real estate!

PROPERTY FEATURES

139.5 +/- Deeded Acres

137.56 +/- Tillable Acres

Extremely high CPI of 91.1

Prominent soil types: Canisteo Clay Loam, Clarion Loam & Okoboji Silty Clay Loam

Very high quality, tillable farmland

99% Tillable

Very limited supply of land available in this area

Gently sloping topography with natural drainage

Drain tile in place with drainage outlet into JD 7

Many qualified operators nearby

Excellent investment for investors

Great opportunity to add to your existing land nearby

Lies along black top road for easy access

Real Estate taxes $7,752

AUCTION LOCATION

Online on our Website

or

In-Person at AuctionCast Studios:

1800 Roscoe Avenue, Zumbrota, MN 55992

OWNER

Reinhart Family

TERMS

$100,000 [non-refundable] earnest money down the same day, or mailed in within 3 days of auction, to LandProz. Earnest money will be held in listing brokerage escrow until closing. Only approved bidders will be registered to bid. Buyers will need to provide a letter of credit or proof of funds prior to bidding. Closing will be on or before October 25, 2024. There will be a 2% Buyer's Premium added to the final purchase price. There will be no financing contingencies. Buyers to do their own due diligence prior to bidding. Possession at closing subject to the tenants current crops to be removed. The farm will be conveyed to buyer, free of tenant rights, beyond current tenants crops being removed. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.