$122,250
$130,400
6.3%For more information regarding the value of a property, please contact us for a free consultation.
40.75 Acres Lot
SOLD DATE : 02/25/2022
Key Details
Sold Price $122,250
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7366671
Sold Date 02/25/22
Annual Tax Amount $886
Tax Year 2023
Contingent None
Lot Size 40.750 Acres
Acres 40.75
Property Description
This highly productive tillable acreage is in close proximity to Thief River Falls and several grain markets. This nearly all tillable property is located in Pennington Co just west of TRF 4 miles and has easy access for equipment off a well maintained county road. The property would make an excellent addition to one's farm portfolio or as an investment opportunity, 1031 exchange option or to develop the land for a home or business. The soils here mainly consist of a fine sandy loam and clay loam. The productivity index averages 67 and drainage is good. The farm is currently rented out and provides a steady cash flow for the current owner. This last year corn was planted on the property, and the 4 year crop history shows that soybeans and alfalfa have been planted in the past. I
Location
State MN
County Pennington
Zoning Agriculture
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Building
Lot Description Tillable
Schools
School District Thief River Falls
Others
Restrictions Land Leased
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