DESCRIPTION:
N 120 Ac of SW 1/4 lyg NEly of CL LorRay Dr “Ex .98 ac” “Ex 10.03 ac” “Ex 6.40 ac” “Ex .56 ac” “Ex .55 ac” “Ex .25 ac” +47.98 ac

TAX ID #:
010350805

REAL ESTATE TAXES:
Estimated Ag Non-Homestead Taxes - $2,674.00
Special Assessment - $0.00
Total Estimated Tax & Specials - $2674.00

* Special Assessment - City of Mankato - Total Estimated Tax & Specials - $235,000.00

FSA INFORMATION:
Total Acres - 43.39± acres
FSA Tillable Acres -26.00± acres

RENT/LEASE INFORMATION:
Leased through 2026 crop year.

DESCRIPTION:
This beautiful 43-acre wooded property is located in the heart of upper North Mankato and offers an exceptional opportunity for upscale residential development. The site’s natural topography may support multiple wooded ravine lots, creating a distinctive setting for future homeowners.

Development concepts could include larger, multi-acre home sites or a more compact neighborhood featuring smaller patio-home-style residences. Situated directly off Lo Ray Drive, the property is conveniently located near schools, restaurants, and many of the amenities North Mankato has to offer.

SOIL DESCRIPTION:
Le Sueur loam, Cordova clay loam, Canisteo-Glencoe complex, Lester-Belview complex, Cordova-Rolfe complex. See Soil Maps.

CROP PRODUCTIVITY INDEX (CPI):
N/A

TOPOGRAPHY:
Level.

DRAINAGE:
N/A

CRP:
N/A

NRCS CLASSIFICATION ON TILLABLE ACRES:
N/A

OTHER:
The property has been recently surveyed.