TBD 40th Street SW, Rochester, MN 55902

$2,325,000

Property Type: Land Lot Size (sq. ft.): 6,534,000 Status: Closed

Current Price: $2,325,000 List Date: 2/02/2024 Last Modified: 6/03/2025

Overview

Description

In SW Rochester sits this great investment property for future land development. Bordering the Hart Farms subdivision to the west lies a good 150 acre farm with city streets boarding the property for future land development. The property currently is being farmed and offers 135.89 +/- acres tillable. There is good access to this farm off of 40th Street SW / County Road 117 SW a hard surface road. Property can be split up into 5 Acre and 35 acre parcel for building sites or held for future land development down the road.

Listing Details MLS# 6343960

General Property Information

Comp Sale YN: No
Development: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: 2230x2625x2625x1540x400x1066
Acres: 150

Property Features

Available Utilities: None; None Connected Crop Type: Beans; Corn Development Status: Raw Land Farm Type: Crop Financing Terms: Cash Improvements: None Land Inclusions: None Lock Box Type: None Lot Description: Tillable; Tree Coverage - Light Property SubType: Agricultural Land; Development Road Frontage: County Road Sale Options: Sell Entirely Soil Type: Loam Topography: Gently Rolling

Contract Information

Off Market Date: 2024-04-24
Contingency: None
Closed Date: 2024-08-16
Original List Price: 3200000
Sales Close Price: 2325000
ListPrice: 3200000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: TBD
Street Name: 40th
Street Suffix: Street
Street Direction Suffix: SW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55902

Acreage Information

Taxable Acres: 150
Tillable Acres: 135.89
Wooded Acres: 14

Additional Parcels Information

Property ID #2: 642142050324

More Information

Assessments

Tax With Assessments: 8108

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 14
Section#: 21
Township#: 106

Listing Office: Tony Montgomery Realty & Auction

Last Updated: June - 03 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

TBD 40th Street SW, Rochester, MN 55902 (MLS# 6343960)