Farm Land For Sale | Steele County, MN | Cropland - Tillable - Excellent Location | 71+/- Acres | #2869

New Listing
Type & Format:
New Listing
Acres:
71 ±
County:
Steele County
State:
MN
Price:
$709,000

71 Acres
Steele County, mn
Price: $709,000
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PROPERTY DESCRIPTION

LandProz is pleased to present the Thimsen Farm property in Steele County, MN. This exceptional 71 +/- acre property in southeastern Minnesota offers an outstanding combination of productive farmland, steady income, and prime location. Of the total acreage, approximately 69.5 +/- acres are tillable, featuring a CPI of 60. The land is well-suited for row crop production and includes drainage ditches that provide an efficient outlet for water management, helping to maintain consistent yields year after year.

Situated just south of Owatonna and west of Blooming Prairie, this farm enjoys easy access on two sides from well-maintained blacktop roads, ensuring convenient entry for equipment and excellent visibility. The cropland will be open to farm or lease in 2026, offering flexibility for both owner-operators and investors alike.

A valuable highlight of this property is the windmill lease, which generates $7,900 in annual payments with a built-in 2.5% annual escalator, ensuring growing returns over time. Combined with the current cropland lease, the property produces over $25,100 in total annual income, making it a truly high-performing, cash-flowing investment.

With its mix of productive farmland, strong income streams, and accessible location, this tract presents an excellent opportunity for the savvy investor or expanding operator. Don’t miss the chance to own a premier piece of southeastern Minnesota farmland with long-term earning potential and exceptional return on investment.

Please contact LandProz Broker Brian Haugen at 507-208-0791 or LandProz Agent Kelly Bolin at 651-380-2857 for more information regarding this property.

 

PROPERTY FEATURES

• 71 +/- Deeded Acres [subject to survey]

• 69.5 +/- Tillable acres 

• CPI of 60

• Majority farmland with drainage ditches for outlet

• Located in Southeastern MN 

• Excellent location south of Owatonna, west of Blooming Prairie, MN

• Windmill with payments of $7,900 annually

• Windmill contract has annual escalator of 2.5%

• Cropland is open to farm or lease in 2026

• Great access on two sides along very nice blacktop roads

• Excellent investment in farmland with large annual wind payments 

• Over $25,100.00 in current annual income with wind and cropland lease

• Real Estate Taxes: TBD 

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We are proud to partner with
Landproz Real Estate LLC

LandProz Real Estate, LLC | LandProz of Indiana, LLC

111 East Clark Street, Albert Lea, MN 56007 • 507-373-5660

Broker Brian Haugen – MN, SD, IA, WI, IL, KS, MO • Broker Auctioneer Greg Jensen – MN, IA – 24-21

Broker Tim Young – OH • Broker Andrew Fansler – IN

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