186 acres with 175 tillable, of prime Red River Valley farm land. Located four miles south of Glyndon, MN. Black top all the way to Fargo. Less than 10 min to Menard's exit on 94. Over 1/2 mile of highway frontage for development possibilities? Legal description: Sec 31, twp39, r46 or Clay county - Riverton township - Section 31 - NE 1/4+. Crop Productivity Index - 82 (2012 values). 4.3 miles to sugar beet piling station (all black top). Current rents are $195/acre and expire in 2016. Farm land this close to Moorhead should provide solid long term appreciation. Cash buyers/investors would realize a 3+% return (after taxes paid.) You also have the possibility of long term, tax deferred capital gains.
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