State Highway 56, Lot#WP001 , Le Roy, MN 55951(Fillmore County)

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 from Spring Valley. The property can be accessed from north and south directions, making transportation and logistics efficient for farming operations.This property would be an excellent 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 gently rolling terrain which provides good drainage. Highway 56 runs along the south portion with two field approaches, and the north property line is a gravel township road with multiple field approaches.Give Bob a call to schedule your private showing.