Land for Sale - TBD 350th Street, Lot#WP001, Roseau, MN 56751 - 320.0 acres

Highly Productive Tillable Acreage Near Roseau

TBD 350th Street, Lot#WP001, Roseau, MN | Lat/Lng:  48.9059, -95.6746

$1,280,000
320 ac.
03/13/2024
FOR SALE
Main Listing ImageMain Listing Image

Description

Prime tillable tracts like this one in Roseau County, Minnesota, are hard to come by in today's ever-changing agricultural world. This expansive income-producingthe property consists of +/-320 tillable acres. This tillable acreage is rented to a knowledgeable and aggressive local farmer for the 2024-2025 growing seasons. It will be open tenancy after the 2025 crop is harvested. The current renter has been farming this ground since 2011 and has done everything right tokeep the fields clean and the yields up. Last year's crop was canola, and it was a good one. He plans to plant cereal rye or ryegrass this coming season. The cropping history on this tract includes wheat, barley, cereal rye, ryegrass, canola, and sunflowers. This property has been an integral piece in Roseau County's grass seed history that has produced and generously yielded varieties of bluegrass, ryegrass, and timothy seed for decades. The fertile soil on this farm makes it unique and sets it apart. The soils consist mainly of peat or rifle complex. There is the potential for an investor or producer to mine or market the peat soils to be pelletized or bagged. The acreage is well-ditched and drained and has good access to get large equipment in and out. The property is near major grain markets, including a seed company just a mile down the road that processes rye seed. There is steady income off this farm with a solid ROI, and it would be a great addition to an investor's portfolio or 1031 option or your current production. Call today for more info to learn more about this tremendous northern Minnesota farm. Property Features: - +/-320 productive tillable acres - Currently rented for 2024-25 growing seasons, with a solid ROI - Easy access with large equipment - In close proximity to Roseau and major grain markets - Rye seed processing plant near by - Excellent investment opportunity or 1031 option - Potential to mine/market pelletized or bagged peat soil - Peat soils consisting mainly of Rifle complex - Cropping history of canola, wheat, barley, sunflowers, cereal rye, and rye grass

Details

CountyRoseau
Zipcode56751
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
Land Listing Agent Photo
Agent: Josh Miller
Contact Agent:Email Land Listing Agent
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