Farm Land For Sale | Steele County, MN | Cropland - Tillable - Investment | 80+/- Acres | #2870

PROPERTY DESCRIPTION

LandProz is pleased to present the Thimsen Farm property in Steele County, MN. This impressive 80 +/- acre property in southeastern Minnesota offers a rare opportunity to own productive farmland with outstanding income potential. Of the total acreage, approximately 75 +/- acres are tillable, boasting a CPI of 67.8. The land is primarily cropland, featuring well-designed drainage ditches that provide an effective outlet for water management, supporting consistent productivity and reliable yields.

Perfectly located just south of Owatonna and west of Blooming Prairie, this tract combines agricultural strength with exceptional accessibility. The property has excellent road frontage along a well-maintained blacktop road, ensuring convenient field access for equipment and ease of operation.

Adding to its investment appeal, the property includes a windmill lease that generates $7,900 in annual payments, with a 2.5% annual escalator that guarantees steady income growth year after year. In addition, the cropland is currently leased, contributing to a combined annual income of approximately $26,850, offering an exceptional cash-flowing investment. The cropland will be open to farm or lease in 2026, giving future owners flexibility to operate or renegotiate terms to maximize returns.

This property represents an outstanding opportunity for both farmers and investors seeking stable returns, long-term appreciation, and a well-located piece of Minnesota farmland. With strong soils, reliable drainage, and substantial wind lease income, this is a premium agricultural investment that delivers both productivity and profitability. Don’t miss your chance to own a top-quality tract with proven income and lasting value.

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

• 80 +/- Deeded acres

• 75 +/- Tillable acres 

• CPI of 67.8

• 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 $7,900.00 annually

• Windmill contract has annual escalator of 2.5%

• Cropland is open to farm or lease in 2026

• Great access

• Excellent investment in farmland with large annual wind payments

• Over $26,850.00 in current annual income with wind and cropland lease

• Real Estate Taxes: $4,360