TBD 365th Street Way, Cannon Falls, MN 55009
- $80,000
- List Price
- $80,000
- MLS#
- 7096120
- Status
- ACTIVE
- Type
- Land
- Acres
- 13
Property Description
Price is $80K an acre, with a minimum purchase of 4 acres. 13 acres total available. Existing building may be beyond repair, but you can decide for yourself. A great option is purchase 5 acres and have a utility company lease the land and place solar panels on it. Land bank yet have the property more than pay for itself over 20 year lease. I believe utility company will lease for $1K an acre per month up to 5 acres per PID. Split the lot to create two PIDs and place up to two 5 acre solar farms earning around $10K a month.
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Additional Information
- School District
- Cannon Falls
- Tax Year
- 2025
- Restrictions
- Open
- Fencing
- None
- Farm Type
- Hobby
- Lot Description
- Cleared, Tillable, Tree Coverage - Heavy
- Topography
- High Ground, Level, Other, Ravine, Wooded
- Out Buildings
- Garage(s)
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Listing courtesy of Real Estate Masters, Ltd..
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