7860 365th Street Way Cannon Falls, MN 55009

Listing details for 7860 365th Street Way, Cannon Falls, MN 55009 : Price is $50K an acre, with a minimum purchase of 4 acres. 13 acres total available. Existing building may be beyond repair, but you can decide for yourself. A great option is purchase 5 acres and have a utility company lease the land and place solar panels on it. Land bank yet have the property more than pay for itself over 20 year lease. I believe utility company will lease for $1K an acre per month up to 5 acres per PID. Split the lot to create two PIDs and place up to two 5 acre solar farms earning around $10K a month.