45.56 Acres in Alexandria, MN - $499,000
Located on the shores of beautiful Lake Andrew and within the Alexandria city limits, this prime agricultural and wooded property provides not only tillable income and hunting opportunities but has great development opportunities! The property boasts 1320 feet of lakeshore that are primed for country lake view lots. Current zoning for the property is RR-1, single family residential, but multiple uses are outlined in the approved comprehensive plan which, at the time of development, would be adjusted accordingly. The wooded portion of the property is comprised of a mixture of primarily maple, basswood and some oak trees and by the amount of deer tracks and trails, will provide some immediate recreational hunting uses. The tillable acreage on the property totals approximately 26.84 acres that have an average soil CPI rating of just 89.5. This coupled with the presence of an extensive drain...
Located on the shores of beautiful Lake Andrew and within the Alexandria city limits, this prime agricultural and wooded property provides not only tillable income and hunting opportunities but has great development opportunities! The property boasts 1320 feet of lakeshore that are primed for country lake view lots. Current zoning for the property is RR-1, single family residential, but multiple uses are outlined in the approved comprehensive plan which, at the time of development, would be adjusted accordingly. The wooded portion of the property is comprised of a mixture of primarily maple, basswood and some oak trees and by the amount of deer tracks and trails, will provide some immediate recreational hunting uses. The tillable acreage on the property totals approximately 26.84 acres that have an average soil CPI rating of just 89.5. This coupled with the presence of an extensive drain tile system allows for maximum yield production. The tillable acreage is currently rented out and provides immediate income. The current operators would be interested in continuing to rent the ground out. The sellers have stated that they will entertain split option negotiations for this parcel and also that they would consider Contract for Deed terms. Additional acreage available if you have bigger plans. So much more to say about this property so just give me a call and we can discuss the opportunities that this wonderful property provides further!
Property Features:
- Great tillable and wooded acreage with HUGE development potential
- Approximately 1320 feet of lakeshore
- Comprehensive plan from the city already approved
- Great views of beautiful Lake Andrew
- High tillable acreage CPI ratings
- Tillable acreage has been tiled and has multiple tile inlets in place
- Contract for Deed terms possible!
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