320th Street

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320th Street

Hendricks, MN 56136
Asking Price
$380K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This 40-acre farm property is located in Hendricks, Minnesota.
  • The parcel is currently listed for sale at $380,000.
  • The land is designated as a farm asset type.
  • It is situated at coordinates 44.5170, -96.4468 on 320th Street.
  • The site supports diverse agricultural uses in a rural market.

What's Special

The agricultural landscape surrounding Hendricks, Minnesota, represents a robust sector of the regional economy, characterized by productive soil profiles and long-standing farming traditions. This 40-acre parcel located on 320th Street offers a significant opportunity for expansion or investment within this established rural submarket. The property serves as a versatile land asset suitable for various agricultural applications, including row crop cultivation or grazing operations. Investors and operators looking to acquire acreage in a classic Midwest farming community will find this tract well-positioned for consistent production and long-term land value retention. The accessibility of the site allows for straightforward equipment movement and logistical integration with regional grain handling and supply chains. Its scale provides a manageable footprint for independent producers or a strategic addition to a larger existing agricultural enterprise operating in Lincoln County.

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NOI
$80,000
Cap Rate
21.05%
DSCR
3.55
Strong
Cash-on-Cash
50.39%
Monthly Payment
$1,880.033
Annual Cash Flow
$57,439.608

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