Description
Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 123-acre farm near Leroy features highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 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 $305 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. 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!
Details
| MLS # | 7092026 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 145 |
| Listing Provided By | Timber Ghost Realty, LLC | Mark Nelson |
Features
| Zoning | Agriculture |
|---|---|
| Acreage | 195.27 |
| Water Front | Yes |
Utilities
| Utilities | Electricity Available, Natural Gas Available, None Connected |
|---|
Taxes
| Property | 6884 |
|---|
Area Information
| State | MN |
|---|---|
| County | Mower |
| City | Le Roy |
| Zip Code | 55951 |
| School District | 499 |
| High School | Leroy-Ostrander |
| Listing VS Median (in 55951) | |
Price: $900,000 low | high Med: $225,000 On site: 145 low | high Med: 64 | |
Market Activity 55951
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Mower |
| City | Le Roy |
| Zip Code | 55951 |
| School District | 499 |
| High School | Leroy-Ostrander |
| Listing VS Median (in 55951) | |
Price: $900,000 low | high Med: $225,000 On site: 145 low | high Med: 64 | |