Albert Lea Tillable Land

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152.09 acres located 6 miles west of Albert Lea, MN. This property contains 140.83 acres of tillable land that just got enrolled in a new 15 year CRP contract with the Federal Government. All of the tillable was accepted at $300/acre resulting in an annual payment of $42,249 with the first payment due from the Federal Government on 10-1-2018. The property is rolling topography and contains primarily Webster silt loam soils, one of the best in Minnesota. The real estate taxes are $8,024 for 2018, and the list price is $1,080,000. If the new buyer is not a hunter, there would be the opportunity to rent out the hunting land. The CRP will provide excellent habitat and hunting for pheasants.

Contact Ken Vagts
Office: 651-438-9333
Cell: 651-324-1555

Price: 1,080,000
Address:Tillable Land
City:Albert Lea

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