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MLS# 5144657
80 acres
New Prague Area schools
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    Description:   Here is your chance at a unique piece of investment property that borders the City of New Prague. The city has it identified as an industrial park in the long term plan. Recently the city purchased a small piece of adjoining land and is marketing lots to businesses. This is a great (invest and hold) or immediate development opportunity. Ideal 1031 exchange property. The land is currently rented as Ag land. Can close fast.
    List Price: $2,300,000
    Price/sq ft: None
    Property Type: Farm
    Listing Status: Active
    Contingency: None
    Property Style: (FRM) Other
    City: New Prague
    Zip Code: 56071


    Road Frontage: State
    Out Buildings: Machine Shed


    Acres: 80
    Crop Type: Corn, Beans, Hay/Alfalfa, Wheat
    Farm Type: Crop
    Front Dimensions: 1307
    Land Inclusions: Platted, Survey, For Sale Sign, Other
    Left Dimensions: 2657
    Lot Description: Tillable, Tree Coverage - Light
    Latitude: 44.55260900
    Longitude: -93.58727600
    Minimum Lot Size: 40
    Plat Recorded: Y
    Restrictions/Covenants: None
    Right Dimensions: 2657
    Soil Type: Loam
    Tillable Acres: 52.000
    Topography: Level, Rolling
    Zoning: Agriculture, Industrial


    School District: 721 - New Prague Area Schools
    District Phone: 952-758-1700

    Financial & Taxes

    Association Fee: None
    Tax Year: 2018
    Annual Taxes: $3,451
    Assessment Pending: No
    Taxes w/ Assessments: $3,462


    Development Status: Raw Land
    Improvements: None
    Available Utilities: City Water, City Sewer, Storm Sewer, Electric, Natural Gas
    On-Site Utilities: Electric, Natural Gas

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    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

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