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$1,349,000
/mo Edit
Farm:  Other
195.27 acres
Leroy-Ostrander schools
MLS# 6730936
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    Property Description

    Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 195.27-acre farm near Leroy features over 140 acres of highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 45+ acres of mature hardwoods offering additional value and versatility. Located just off Highway 56 and minutes from major grain markets, this property is ideally positioned for both profitability and access. The current market rate for tillable land in the area exceeds $345 per acre annually in cash rent, making this a strong income-producing asset. Highlights include: Ideal for corn and soybean production Mature timber with exceptional whitetail hunting opportunities Several prime building sites nestled among the woods A flowing sand-bottom creek that traverses the property and connects to the Upper Iowa River, just across the highway Potential to expand your holdings with two neighboring parcels also available (MLS #6731208 and #6731789) Whether you're a seasoned farmer, a savvy investor, or an outdoor enthusiast looking for the perfect mix of agriculture and recreation, this property checks all the boxes. Don’t miss your chance to own this premier tract in the heart of Southern Minnesota farm country!

    Listing

    Contingency: None
    City: Le Roy Twp
    County: Mower
    State: MN
    Property Style: Other
    Zip Code: 55951

    Exterior

    Fencing: Wire

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Unnamed Lake
    DNR Lake ID#: 999999999
    WF Frontage: 3000
    Elev Highpt to WF feet: 4-10
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: Creek/Stream

    Lot & Land

    Acres: 195.27
    Geolocation: 43.5257949548, -92.5566023105
    Inclusions: Easements
    Lot Dimensions: 1 x 1
    Wooded Acres: 45
    Restrictions: Easements
    Zoning: Agriculture

    Farm

    Farm Type: Crop
    Crop Type: Beans, Corn
    Tillable Acres: 140
    Topography: Rolling

    Schools

    School District: 499
    District Phone: 507-324-5743

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,884
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,884
    Association Fee Required: No
    Association Fee: None
    Taxable Acres: 195.270

    Miscellaneous

    Development Status: Raw Land
    Improvements: Fence
    Available Utilities:
    • Electricity Available
    • Natural Gas Available
    • None Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Timber Ghost Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.