Home › xxxx State Hwy 56, Le Roy, MN 55951 (MLS# 6359973)

xxxx State Hwy 56, Le Roy, MN 55951 (MLS# 6359973)

$1,300,000
xxxx State Hwy 56
Le Roy, MN 55951
MLS# 6359973
Status: Closed

xxxx State Hwy 56, Le Roy, MN 55951
  1 / 34  
xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951 xxxx State Hwy 56, Le Roy, MN 55951

Property Description
This property is a promising opportunity for farmers looking to expand their operations or an investor looking to diversify their investment portfolio. The property includes 115 acres with an average CPI of 83.5 that is currently being farmed, and an additional 26+ acres enrolled in the Conservation Reserve Program (CRP), which provides additional solid income and is enrolled until 9/30/3030. The property's location is advantageous, as it is conveniently situated just half a mile from Chester, Iowa, and 10 miles to Spring Valley. The property can be accessed from both the north and south directions, making transportation and logistics efficient for farming operations. This property would be a great option for anyone looking to complete a 1031 exchange. There is a current rental contract that runs until 2/28/2025. The land has a gentle rolling terrain which provides good drainage. Hwy 56 runs along the south portion with two field approaches and the north property line is a gravel road

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-04-27
Current Price: 1300000
Closed Date: 2023-06-01
Original List Price: 1300000
Sales Close Price: 1300000
ListPrice: 1300000
List Date: 2023-04-26
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Acres: 160
Location Tax and Other Information
House Number: xxxx
Street Name: State Hwy 56
Postal City: Le Roy
County: Fillmore
State: MN
Zip Code: 55951
Acreage Information
Tillable Acres: 115
Assessments
Tax With Assessments: 5474
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 13
Section#: 34
Township#: 101
Property Features
Available Utilities: None Connected
Development Status: Raw Land
Financing Terms: Cash
Improvements: None
Land Inclusions: None
Topography: Gently Rolling; Meadow; Level

Listing Office: Whitetail Properties Real Estate

Last Updated: June - 03 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Wednesday 3rd of June 2026 12:52 PM

218-998-4400

Search For Your New Home!
Residential
MultiFamily
Farm
Land
Commercial
Rental
to
to
to
to
More Search Options