Northwest Farm Management

Doom Commericial Development Property

Status: For-Sale

Locale: County:Lyon
State:Minnesota

Acres: 72.4

Price$2,454,360 or $33,900 per acre

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Maps

AreaThis highly desirable commercial property is located on the eastern edge of Marshall, MN.

The approximate legal description is 72.4 acres in the Southwest Quarter of Section 2, Township 111, Range 41, (Lake Marshall Township), Lyon County, MN.

PropertyOne of the best locations in the region for development with frontage on both MN Hwy 23 and MN Hwy 19. Directly to the north of this property is the proposed site of a regional sports complex for southwestern Minnesota. Southwest Minnesota State University (SMSU), Marshall Public High School, regional shopping areas, and many commercial office buildings are all within a few blocks of this site. The city of Marshall is rapidly expanding in this direction. Total traffic count according to MN DOT exceeds 10,000 vehicles per day. Schwan's, US Bancorp, Avera Medical Center, and SMSU provide a solid economic base.

The site has a 27" city sewer main and an 8" water line to the edge of the property with an expansion to a 12" water line planned for the summer of 2008. In addition there is a 6" main natural gas line located along the west side of the property. For electrical needs, there is a power substation located adjacent to this property.

The city of Marshall has already identified the property as part of an orderly annexation area which allows easy annexation into the city if the buyer chooses. With Marshall developing as the regional hub for southwestern Minnesota, this property will be the perfect high traffic location for business. Everything a developer could want!

FOR MORE INFORMATION: The following website has additional information about the city of Marshall: Click Here

The cropland is leased for the 2008 crop year.

Real Estate Taxes for 2007: $1,756.00 (Green Acres Exemption)

This information provided herein is received from other sources and is believed to be correct. NORTHWESTERN FARM MANAGEMENT COMPANY does not warrant its accuracy. We strongly suggest you contact the appropriate sources to confirm this information.