RM 472 Lashburn - 153 Acres
- Type: Farm and Ranch
- Style: Lot / Land
- Development Level: Land Only
- Lot Type: Rectangular
- Lot Size: 153.5 acres
- Taxes: $996.43 (2019)
- MLS ® #: SK793821
Farmland & Price Summary
153 Title Acres (ISC)
155 Total Acres
145 Cultivated Acres
10 Wetland/Bush Acres
$231,200 Total Assessed Value (2017)
74.2 Soil Final Rating (Weighted Average)
$422,650 Farmland Price
$2,754 per Total acre (ISC)
$2,915 per cultivated acre (SAMA)
1.83 times the 2017 Assessed Value
$127,350 Surface Lease ($25,470 x 5 years)
$550,000 Total Price
RM 472 SW 34-49-25 W3, Soil: Waseca Clay Loam, Crop Ins. Class: F
9 miles north of Lashburn on Grid 675 to 303 then 3/4 mile east, north side of road.
Currently rented out until October 31, 2020, land is currently seeded to hay.
Renter has the Right of First Refusal to Purchase.
It has an Annual Surface Lease of $25,470 x 5 years = $127,350 (Value of Surface Lease)
Information is deemed to be correct but not guaranteed.
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