TBD 540Th Ave, Wells, MN

Name: TBD 540Th Ave, For Sale in Wells - Zoocasa
Brand: Weiss Realty LLC
SKU: 7154649
Price: 1600000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,600,000

000

MLS® 7154649

Overview

Key Facts

Type Agriculture

Levels Land

Size -

Garage

Taxes $4,168

Days Active 4

Lot Size 148.34 Acres

Approx. Age

MLS® Number 7154649

Property Address: TBD 540th Ave, Wells, MN, 56097

Average square foot calculated using Size range provided by listing agent.

Description

Highly productive income-producing farm available in Faribault County. Approximately 148 +/- total GIS acres of straight, income producing land that maintains a Productivity Index Rating of 88.3. Much of this property is gently rolling, has a straight layout, and includes a large amount of pattern tiling. This would be an excellent property for someone looking to add to their existing farming operation for the 2027 growing season as the current rent contract expires after 2026 harvest. If you are looking to develop your farming operation, invest back into land as part of a 10-31 tax exchange, or are simply in the market for farmland as a long-term investment, look no further! *134 +/- FSA tillable acres *88.3 Productivity Index Rating supporting dependable yields and long-term investment value *Yearly rent income of $40, 000; current rent contract expires after 2026 harvest or 12-31-2026 *Available to be farmed for the 2027 growing season *Great addition to any farming operation *Exceptional option to complete a 10-31 tax exchange *4 miles from Wells and Minnesota Lake

MLS® Number7154649

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

For Sale Sign

Map

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