7
See all 7 photos
$50,000
Est. payment /mo
13 Acres Lot
Active
7860 365th Street WAY Cannon Falls, MN 55009
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7096120
Annual Tax Amount $3,700
Tax Year 2025
Contingent None
Lot Size 13.000 Acres
Lot Dimensions irregular
Property Description
Price is $50K 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.
Location
State MN
County Goodhue
Zoning Business/Commercial
Interior
Inclusions Easements, Platted, Survey, Survey Stakes
Fireplace No
Exterior
Fence None
Utilities Available Electricity Available, Electricity Connected
Building
Lot Description Cleared, Tillable, Tree Coverage - Heavy
Schools
School District Cannon Falls
Others
Restrictions Open
Listed by David Kunert • Real Estate Masters, Ltd.
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