7860 365th Street WAY, Cannon Falls, MN 55009
7860 365th Street WAY, Cannon Falls, MN 55009
7860 365th Street WAY, Cannon Falls, MN 55009
7860 365th Street WAY, Cannon Falls, MN 55009
7860 365th Street WAY, Cannon Falls, MN 55009
7860 365th Street WAY, Cannon Falls, MN 55009
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Mark Johnson

Mark Johnson

+1(612) 597-8073
$ 50,000
Est. payment | /mo

13 Acres Lot

Save
$ 50,000
Est. payment | /mo
Save

13 Acres Lot

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.

Nearby Locations

Mark Johnson

"Thanks for reaching out to The Johnson Group!  We're here to guide you and provide all the real estate info you need along the way.  Your dream home might be just a click away, and we're delighted to be a part of your real estate adventure! "

+1(612) 597-8073

mrjohnson@cbburnet.com

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7860 365th Street WAY