For Sale: Cannon Falls MLS# 7096120
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$80,000
Property Type:
Farm
City:
Cannon Falls
County:
Goodhue
State:
MN
Property Style:
Other
Zip Code:
55009
Exterior
Fencing:
None
Out Buildings:
Garage(s)
Road Frontage:
- Highway
- Private Road
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
13
Geolocation:
44.418352, -92.874765
Inclusions:
Easements, Platted, Survey, Survey Stakes
Lot Dimensions:
Irregular
Restrictions:
Open
Zoning:
Business/Commercial
Lot Description:
- Cleared
- Tillable
- Tree Coverage - Heavy
Farm
Farm Type:
Hobby
Topography:
High Ground, Level, Other, Ravine, Wooded
Schools
School District:
252
District Phone:
5072636800
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,700
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,700
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Unimproved Streets
Available Utilities:
- Electricity Available
- Electricity Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Real Estate Masters, Ltd..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.