5169 Clementa Ave SW Waverly, MN 55390

Listing details for 5169 Clementa Ave SW, Waverly, MN 55390 : 24.49 acres of beautiful rolling hills and wetlands, zoned General Agriculture, but adjoins property that already is annexed into the City of Montrose. Conveniently located within 1-mile of US Highway 12 for easy access to the metro. The property is located on a paved road, with a gravel driveway to an existing 50x78 pole shed with a concrete floor for storage. The property includes 17-acres of highly productive tillable farmland with a CPI of 83.7 with the balance in woods, meadows, and wetlands. The property offers one residential building entitlement for building your new home/hobby farm or continue to use for ag land or future development/investment. The property is situated in the transition area for the city of Montrose, which is guided towards future residential development. A development concept plan for single family & attached housing was prepared by the former owner in 2007 but had been shelved during the past housing recession. The opportunity awaits the new owner to take advantage of the opportunities this property has to offer. Contract for Deed terms will be considered.