TBD 118th Street Se, Blooming Prairie, MN 55917

Blooming Prairie
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
TBD 118th Street Se,Blooming Prairie, MN 55917
$399,900
  • 40 Acres
  • Lots / Land
  • Pending
Listed by: brian haugen
Office: landproz real estate, llc.
MLS#:6813621
Source:NSMLS

Price summary

  • Price:$399,900

About this home

This exceptional 40 +/- acre property in southeastern Minnesota offers an outstanding combination of productive farmland, steady income, and prime location. Of the total acreage, approximately 35.23 +/- 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...

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Home facts

  • Year built:1890
  • Listing ID #:6813621
  • Added:144 day(s) ago
  • Updated:March 29, 2026 at 07:57 AM

Structure and exterior

  • Year built:1890
  • Lot area:40 Acres

Finances and disclosures

  • Price:$399,900
  • Tax amount:$4,552 (2024)
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