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FNC Listing Number: A-31405

Price: $8,496,000.00
State: Minnesota
Counties: Lake, Pennington, Red Lake
Acres: 2729

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Contact:
Hugh Hunt
Phone:  (218) 843-1139
Fax:  218-843-3467
Email:  HHunt@FarmersNational.com


Listing Details:

Offering 2,729 Acres in Pennington and Red Lake Counties, Minnesota and Grand Forks County, North Dakota.

Tract 1: 160 Acres, Pennington and Red Lake Counties, Minnesota
Productive farmland along with great hunting land in this Northwest Minnesota property. Very productive soils with great access. Great site for a hunting cabin. Tract 1 is offered at $296,000.

Tract 2: 1,419.50 Acres, Grand Forks County, North Dakota
Improved productivity with 928 drain tiled acres. Crop history of corn, soybeans, sunflowers, and wheat. 95,000 bushels of grain storge located in Manvel. Low real estate taxes. Building site in Gilby 2 is excluded. Tract 2 is offered at $4,200,000.

Tract 3: 1,261.17 Acres, Pennington and Red Lake Counties, Minnesota
Productive sandy loam soils with 328 acres under irrigation along with some tiled acres. Suitable for corn, soybeans, edible beans, and many other crops. Strong investment return potential. Shop and bins in Lambert 34 are excluded. Tract 3 is offered at $4,000,000.

Legal Description:
Tract 1: NE1/4 of Section 14, T153 R41
Tract 2: SE1/4 of Section 35, T154 R53; S1/2 & NW1/4 of Section 36, T154 R53
NEĽ of Section 2, T153 R53; NW1/4 of Section 6, T153 R52; NE1/4 & NW1/4 of Section 7, T153 R52
NE1/4 of Section 17, T153 R52; Parts N1/2SE1/4NE1/4 of Section 15, T153 R51
Tract 3: SW1/4 of Section 27; E1/2SE1/4 of Section 28; NE1/4NE1/4, SE1/4NE1/4, W1/2NE1/4 & SE1/4 of Section 33;
E1/2NW1/4, W1/2NW1/4 & NE1/4 and S1/2 of Section 34, all in T150 R41

Improvement Description: Tract 2: 95,000 bushel grain storage with leg

Annual Taxes: 2021 Taxes:
Tract 1: $1,918.00
Tract 2 Farmland: $8,444.92
Tract 2 Bins: $2,693.27
Tract 3: $6,950.00


Tract: 1 Crop: Wheat Base: 31.98 acres Yield: 50 bushels

Tract: 1 Crop: Soybeans Base: 35.33 acres Yield: 26 bushels

Tract: 2 Crop: Corn Base: 506.37 acres Yield: 87 bushels

Tract: 2 Crop: Soybeans Base: 84.63 acres Yield: 21 bushels

Tract: 2 Crop: Barley Base: 78.39 acres Yield: 40 bushels

Tract: 2 Crop: Wheat Base: 35.75 acres Yield: 42 bushels

Tract: 3 Crop: Corn Base: 424.50 acres Yield: 98 bushels

Tract: 3 Crop: Soybeans Base: 383.27 acres Yield: 25 bushels

Tract: 3 Crop: Wheat Base: 35.75 acres Yield: 42 bushels

Tract: 3 Crop: Sunflowers Base: 4.62 acres Yield: 25 bushels


Well Information:
Tract 3: 2 wells 350 and 800 gpm

Equipment Information:
Tract 3: 3 pivots covering 328 acres

If you need additional property information or would like to arrange for showing, please contact the Listing Agent or call Farmers National Company at 1-800-346-2650.
To view all our recreational services please visit us online at www.FncOutdoors.com.
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