23710 State Highway 55, Loretto, MN 55357 (MLS# 7046548)

General Property Information

Comp Sale YN: No
Development: No
Drainage: Natural Type
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Other
Lot Dimensions: irregular
Acres: 74
Power Company: Xcel Energy
Assessment Pending: Unknown
Association Fee: 0

Property Features

Agricultural Water: Well Available Utilities: Electricity Available; Electricity Connected; Natural Gas Connected; Private Septic Connected; Private Well Connected Crop Type: Hay/Alfalfa Development Status: Other Existing Financing: Free and Clear Farm Type: Beef; Crop; Hobby; Other Fencing: Wood Improvements: Paved Streets; Public Road Land Inclusions: Easements; For Sale Sign Lock Box Type: None Lot Description: Irregular Lot; Suitable for Horses; Tillable; Tree Coverage - Light Outbuildings: Additional Garage; Barn(s); Grain Bin; Machine Shed; Pole Building; Silo Property SubType: Acreage; Other Road Frontage: Paved Streets; State Road Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Soil Type: Clay; Loam Surface Water: Stream/Creek Topography: Gently Rolling; High Ground; Solar Oriented

Contract Information

Contingency: None
Original List Price: 1825000
ListPrice: 1825000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 23710
Street Name: State Highway 55
Postal City: Loretto
County: Hennepin
State: MN
Zip Code: 55357

Acreage Information

Taxable Acres: 74
Tillable Acres: 22
Wooded Acres: 3

Assessments

Tax With Assessments: 35565.08
Assessment Balance: 0

More Information

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: OTHER
None: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 31
Township#: 119

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: UNPLATTED 31 119 23 THAT PART OF W 1/2 OF SW 1/4 LYING N OF THE S 379.48 X FT THOF AND THAT PART OF S 379.48 FT OF SW 1/4 OF SW 1/4 LYING E OF W 751.4 FT THOF EXCEPT ROAD
Listing City: Corcoran
Map Page: 89
Municipality: Corcoran
School District: Delano
School District Phone: 763-972-3365
Property ID Number: 3111923320001
Tax Year: 2026
Tax Amount: 35565.08
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: Hwy 55 West of the intersection of 55 and Hennepin County Road 19. Property is on North side of Hwy 55.

Agricultural Water

Well: Yes

Crop Type

Hay/Alfalfa: Yes

Development Status

Other: Yes

Existing Financing

Free and Clear: Yes

Farm Type

Beef: Yes
Crop: Yes
Hobby: Yes
Other: Yes

Fencing

Wood: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Irregular Lot: Yes
Suitable for Horses: Yes
Tillable: Yes
Tree Coverage - Light: Yes

Outbuildings

Additional Garage: Yes
Barn(s): Yes
Grain Bin: Yes
Machine Shed: Yes
Pole Building: Yes
Silo: Yes

Restriction/Covenants

Easements-Road/Right of Way: Yes
Easements-Utility: Yes
Horses/Livestock Allowed: Yes
Land Leased: Yes

Road Frontage

Paved Streets: Yes
State Road: Yes

Road Responsibility

Public Maintained Road: Yes

Sale Options

Sell Entirely: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Soil Type

Clay: Yes
Loam: Yes

Topography

Gently Rolling: Yes
High Ground: Yes
Solar Oriented: Yes

Available Utilities

Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Private Septic Connected: Yes
Private Well Connected: Yes

Improvements

Paved Streets: Yes
Public Road: Yes

Land Inclusions

Easements: Yes
For Sale Sign: Yes

Property SubType

Acreage: Yes
Other: Yes

Surface Water

Stream/Creek: Yes