Seitz Leota Sale Brochure
Legal Description: W ½ SW ¼ of Section 15, Township 104N, Range 43W, (Leota Twp), Nobles County, MN.
Asking Price Range: $4,600 to 4,750/acre
Farm Location: Property is located approximately 2 miles southeast of Leota, MN with good road access along township gravel road Bulick Ave.
Property Description: This 80 acre farm consists of 60.21 FSA tillable, 18.74 acres of non-tillable grassland with the balance in road and ditch right of way. The tillable land has productive soils with a Crop Productivity Index (CPI) of 88.3 and a Crop Equivalency Rating (CER) of 61.03. The farm contains internal tile drainage and there are no designated wetlands on the tillable land which allows for future tile improvements and maintenance. This property would make a great addition to an investment portfolio or farming operation. This farm could support livestock expansion with proper setback.
Terms: 15% earnest money will be due with a signed purchase agreement. Possession available after closing or harvest of the 2018 crop, whichever is later.
Seller: Thomas Seitz Trust