For Sale: Corcoran MLS# 7046548
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Property Description
Old World Charm Meets New World Tech! Long term lease in place with Solar company on back 40 acres until fall of 2042. There is the possibility for 2, 5-year extensions to the lease term. Generous annual lease payment. Tillable acres, outbuildings and lovely 3 Bedroom 1 1/2 Bath Ranch style home all can provide additional rental income. Home business opportunity for construction company needing extra space? Solid 2 story barn could make wonderful destination event center.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,825,000
Property Type:
Farm
City:
Corcoran
County:
Hennepin
State:
MN
Property Style:
Other
Zip Code:
55357
Exterior
Fencing:
Wood
Out Buildings:
Garage(s), Barn(s), Grain Bin, Shed(s), Pole Building, Silo
Road Responsibility:
Public Maintained Road
Road Frontage:
- Paved Streets
- State Road
Lot & Land
Acres:
74
Geolocation:
45.06926, -93.643297
Inclusions:
Easements, For Sale Sign
Lot Dimensions:
Irregular
Wooded Acres:
3
Restrictions:
Open
Zoning:
Other
Lot Description:
- Irregular Lot
- Suitable for Horses
- Tillable
- Tree Coverage - Light
Farm
Farm Type:
Beef, Crop, Hobby, Other
Soil Type:
Clay, Loam
Agricultural Water:
Well
Crop Type:
Hay/Alfalfa
Crop Acres:
0
Tillable Acres:
22
Topography:
Gently Rolling, High Ground, Solar Oriented
Schools
School District:
879
District Phone:
7639723365
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$35,565
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$35,565
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
74
Miscellaneous
Development Status:
Other
Improvements:
Paved Streets, Public Road
Available Utilities:
- Electricity Available
- Electricity Connected
- Natural Gas Connected
- Private Septic Connected
- Private Well Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.