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southern MN | If you are in an area of big corn and beans with farms rapidly growing in size, I can see that being a tax liability and cost money to get rid of. It’s not big or fast enough and too old to spend big upgrades on.
If you still have the family farm size operations, or small grains or specialty crops being grown, then that’s of some good value to the right operators.
So… if dividing up an asset as it sounds, I bet there will be 2 different views of the value on those, and both views could be ‘right.’
Is there any way to figuratively or really divide that site into a third property and let both sides bid on it for what they think it’s value is? The ‘winner’ can use or sell it as they see fit. Should this become a thorn in the works.
Historically older but useable bin sites have rented for 10 cents a bu per year. Maybe that number is helpful in determining a value over a 10 year depreciation?
Paul
Edited by paul the original 12/3/2025 15:00
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How much value does grain storage add to the value of the land it sits on?
