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MLS# 5610781
208.27 acres
Pine Island schools
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    Description:   Beautiful acreage directly east of the new Pine Island Elementary School. The land runs along the new County Rd 5 project to the elementary school. Land has city sewer and water running through the property, abuts the river on the east and north sides, has beautiful woods and new addition of bike trail connecting to Douglas Trail on the property. Land also has areas of fine sand, that may be attractive for mining for road construction companies. This new addition of land is sure to compliment the growth of Pine Island with its convenient access to the new elementary school, Douglas Trail and having a new road that makes this properties access only eight minutes to Rochester. The property could be a prime area of development for the expanding developer. Currently leased out for farming also allows for some income in the meantime. Additional 40-acre parcels available that can be split 5/35 for two homesteads see MLS #s 5672988, 5673004 and 5673010 for details. Call for more information.
    List Price: $1,775,000
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Farm
    Listing Status: Active
    Contingency: None
    Property Style: Other
    City: Pine Island
    County: Olmsted
    State: MN
    Zip Code: 55963


    Fencing: Wire, Partial
    Road Frontage: County Road, Paved Streets, Curbs, Other


    Lake/Waterfront: River Front, Creek/Stream
    Lake/Waterfront Name: Zumbro River
    DNR Lake ID#: R9999051
    Waterfront Slope: Gradual
    Lake Acres: 0
    Lake Depth: 0


    Acres: 208.27
    Crop Type: Corn, Hay/Alfalfa, Beans
    Farm Type: Crop
    Front Dimensions: 1
    Land Inclusions: Survey, Platted, Easements, Abstract, For Sale Sign, Other
    Left Dimensions: 1
    Lot Description: Irregular Lot, Tree Coverage - Light, Tree Coverage - Medium, Tree Coverage - Heavy, Additional Land Available, Property Adjoins Public Land, Tillable
    Latitude: 44.18124972
    Longitude: -92.60039124
    Lot Size Dim.: 1 X 1 X 1 X 1
    Pasture Acres: 121.79
    Plat Recorded: Y
    Restrictions/Covenants: Easements, Horses/Livestock Allowed, Land Leased
    Right Dimensions: 1
    Soil Type: Loam
    Tillable Acres: 121.79
    Topography: Rolling, Level, Sloped, Hilly, Low Land, High Ground, Flood Plain, Walkout
    Wooded Acres: 92.6
    Zoning: Agriculture


    School District: 255
    District Phone: 507-356-4849

    Financial & Taxes

    Association Fee: None
    Tax Year: 2020
    Annual Taxes: $13,012
    Assessment Pending: No
    Taxes w/ Assessments: $13,012


    Development Status: Raw Land
    Improvements: Curbs, Paved Streets, Public Road, Other
    Available Utilities: Other Connected, Other Available
    On-Site Utilities: Other

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    Get to know our Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

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    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.