Looking to add to your current farm production or make a sound investment in this crazy real estate market? If so, you may want to consider this highly productive tillable farm located 4 miles west of Warroad and Lake of the Woods in Roseau Co. This property offers open tenancy in 2025 and has easy access off State Highway 11 in two different spots. The property provides over a mile of frontage on the heavily traveled road between Roseau and Warroad making it a possible development tract as well. The property boasts highly productive soils and minimal wetlands. The soils mainly consist of Augsburg loam and Warroad fine sandy loam and have an average overall PI of 83.4. The current owner has done significant clearing and ditching making sure the property has adequate drainage. The property was in the CRP program before 2023 and was planted in wheat last year. The property is in the preventive plant program this year but could be put into winter wheat or rye yet this fall. The property is near Lake of the Woods and has many recreational opportunities and also adjoins over 4000 acres of state land to the south. Not only can this be an exceptional income-producing investment property, but one that puts you right in the heart of everything the Lake of the Woods area offers. This property would be an excellent candidate for a 1031 exchange and addition to one's investment portfolio. The property also adjoins the Northern States Power substation to the east which has serious solar activity in the area and has future potential solar income. The potential this property offers is hard to come by in today's market and is one you should consider.

Listing courtesy of NORTHSTAR / Joshua Miller / Whitetail Properties Real

Last checked: Checking… • Last updated Sep 10, 2024 • Source: NORTHSTAR

MLS# 6571902 — Report a problem