40 Acres Irrigated Farmland With Development Potential

Big Iron is excited to present this diverse investment opportunity: 40 acres m/l approximately one mile from the city limits of St. Stephen, MN. This tract offers 40 acres of prime irrigated cropland carrying a CPI of 82. This tract lies adjacent to a subdivision featuring five acre wooded lots in close proximity to St. Stephen. Accessible from County Highway 2, County Highway 118, and 420th Street, this tract could offer a beautiful spot to build your dream home. The seller is willing to subdivide the 40 acres if there is a buyer interested in a smaller tract. Additionally the current tenat is willing to lease back the land for those looking for a hands off investment opportunity. So if it's land to develop, farm, invest in, or build on, this opportunity is worth checking out! Prime 1031 exchange property with upside potential capturing capabilities.