160 +/- Acre Land & Building Site Auction, Shoakatan Twp., Lincoln Co., MN

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2390 Co Hwy 1, Lincoln Co., MN
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    Located from Hendricks, MN 7 miles South on Hwy 1. Or from Elkton, SD, 2 miles North on Hwy 13, 3 ½ miles East on Hwy 14, then 8.5 miles North on Hwy 1

      Tract 1 Sold For $6,400 Per Acre or $992,000.00

        Tract 2 Sold For $230,000.00

    Auctioneer Notes

      Auctioneers’ Notes: This sale represents an opportunity to purchase up to 155 +/- acres of farmland and a 5 +/- acre site featuring a large commercial shop & facility. The property is located on a paved road with good access in a strong agricultural location. The auction will be held on site with live & online bidding available. Both parcels will offer immediate possession after the sale, and will be offered individually or as a unit. This will make for an excellent addition to your farming or investment portfolio! Preliminary Title Report & Wind Energy Lease Agreement(s) are posted below under Preliminary Title 1. Business Filing Information for Wind Energy Companies is under Preliminary Title 2. Facility Blue Prints are posted under Info Sheet. A copy of the Wind Easement is posted within the Preliminary Title 1, starting on page 36. Contact the auctioneers or the attorney's office for additional information or questions!

    Overview

      Tract I – 155 +/- Acres This predominantly tillable farm is made up of strong Class II & III soils with a productivity rating of 86.6, making this a strong row crop farm. This farm has a good location and access on Hwy 1. Per the FSA office, the farm has 142.86 cropland acres with approximately 135 +/- acres currently under cultivation. There are two non-operational Gamesa G-52 wind towers on the farm that are not producing wind energy or payments. The new buyer will receive immediate possession after the sale, and the farm will be offered individually or as a unit with Tract II.
      Description: 155 +/- Acres in the NW ¼ of Sec. 29, T-111-N, R-46-W, Shaokatan Twp., Lincoln Co., MN

      Tract II – 5 +/- Acres This commercial facility was constructed in 2000 and was operated and intended for a large commercial shop, conference and office center, as well as a housing facility. The property is located on Hwy 1 and offers spectacular views and an abundant amount of available space. This site features a large shop with 4 overhead doors for shop use and storage. The property also has a kitchen, 4 offices, conference center, 8 bedroom/bathroom suites, and a beautiful open rec room. The offices, conference rooms & housing areas have not been utilized for several years and appear to be in need of many repairs. This is a unique property with lots of potential that could also provide a spot to build a new house on. Immediate access will be granted after the sale, and this site will be open for full viewing the day of the sale. This tract will be offered individually or as a unit with Tract I.
      Description: 2390 Co. Rd. 1, Hendricks MN 56136; 5+/- Acres NW ¼ of Sec. 29, Shaokatan Twp. Lincoln Co. MN

    Description

      160 +/- Acres in the NW ¼ of Sec. 29, T-111-N, R-46-W, Shaokatan Twp., Lincoln Co., MN

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