OWNER: Gerster
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PROPERTY DESCRIPTION
LandProz is pleased to present the Gerster Farm in Dakota County, MN. This tillable farm will be offered to the public to bid their price via LandProz AuctionCast at Landproz.com on Tuesday February 21, 2023 @ 2pm [CST].
Online Bidding will open on Wednesday February 15, 2023 @ 10am [CST].
This is a great farm with 125+/- tillable acres, of which 105.7 +/- are under water from the newer irrigation system. The irrigation system is an 8 tower Reinke Center Pivot; and with the gun it covers 105.7+/- acres. It does have chemigation valves so it is setup very well. The well is 220' and the water is excellent. It has a 16" casing and 15" hole done by a professional well drilling company.
This farm also has areas of system tile especially where needed making it a very productive and sought after farm for any farmer/investor's portfolio.
Please contact LandProz Auction Manager Alex Wayne at 507-456-6559 or alexwayne@landproz.com for more information regarding this property.
PROPERTY FEATURES
• 141.2 +/- Deeded acres
• 125.25 +/- Tillable acres
• CPI of 52.9
• 2007 Irrigator
• Reinke 8 Tower center pivot
• 105 +/- acres wet under irrigation system
• System tiled in areas where there is heavier soil
• Chemigation valves
• Very productive
• See coverage maps for Pivot
• Farms in this area rarely come for sale
• Real Estate taxes $5,242 [2022]
• SE of Farmington, MN
• Corn Base Acres: 60 / Yield: 165
Please contact LandProz Auction Manager Alex Wayne at 507-456-6559 or alexwayne@landproz.com for more information regarding this property.
TERMS
$50,000 [non-refundable] down on the day of the auction. Balance is due at closing, on or about April 4, 2023. There will be a 2% buyer's premium added to the final purchase price. Previous operator will need to be reimbursed unless he is leased the farm for the 23 growing season. Contact Alex Wayne about potential operator lease. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy.
